RESOURCES

General

Setting up a business in the UK – what choices do you have?

Are you a foreign national wanting to carry out business in the UK? That’s a positive step. After all, the UK is one of the largest economies in the world. In terms of GDP, it’s the sixth richest country with one of the highest wealth per capita. With a stable economic system and a diverse […]

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Freeports – coming soon to the UK

New opportunities for overseas companies Are you a non-UK company thinking of setting up in the UK? Then now is the perfect time to set the ball in motion. As part of its post-Brexit plans for boosting the UK economy and creating thousands of jobs, the British government is establishing at least 7 new Freeports […]

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Questions that need to be answered for the Sponsor Licence

What are the questions need to answer for the Sponsor Licence? Find below the questions (verbatim) that need to be answered in the first stage of the Sponsor Licence request:  Why are you applying for a sponsor licence?  What sector you operate in?  What are your opening/operating hours?  You must provide an up-to-date hierarchy chart detailing any owner, directors and board […]

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How to hire overseas workers post Brexit

Overview   Brexit came into force on 1 January 2021. From this date employers wanting to recruit from outside of the UK need to follow the new immigration system. In most cases, this means that the employee will need a Skilled Worker Visa. To get this the employee needs to:  have a job offer from a licenced sponsor  be applying for a […]

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31 July Tax Payment – What happens if your late?

Overview  If you are late in paying your income tax payment on account, due 31/07/2021 – don’t worry. There’s no penalty or fine – instead, normally, HMRC only charge you interest at 2.6%.  Tax returns for individuals  If your reading this, its probably because you have completed your tax return and your 31st July Income […]

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Tax Credit – Renewal by 31 July

Overview  Many people with have received a “tax credit renewal pack” which needs to be completed by 31 July 2021. If you have received this pack you may find this note interesting.  When to renew tax credit  If you are waiting for tax credits, you will have received a renewal pack, where you’ll find all information […]

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Is a UK company, branch or other entity best for me?

Most overseas people that do business in the UK open companies. Often this is the right option, but not always. This note looks at some of the advantages and disadvantages of other business structures. It is an abbreviated extract from a book written by Simon Edrich “Doing Business in Great Britain” which is due to be published shortly.

How do I run a UK branch, partnership or sole trader?

This briefing note is about how to run a UK branch, partnership or sole trader business. It is an abbreviated extract from a book written by Simon Edrich “Doing Business in Great Britain” which is due to be published shortly.

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