Following a request from a member, in this article we look in detail at the tax treatment of foreign dividends received by a UK company. The tax treatment of foreign dividends for UK companies was substantial changed in the 2009 Finance Act. The…
This is an interesting opportunity. The effective rates of corporation tax from April 2012 are: 0 - 300,000 = 20% £300,000 - 1.5M = 26.25% £1.5M+ = 25% So if your business earned more than £300,000 you'd wouldn't be subject to the 20% rate of…
Overseas based businesses (especially online businesses) which have no real presence in the EU, but do have customers there, could be forgiven for assuming that the collection of the EU's "Value Added Tax" or "VAT" is not their concern. Surprisingly…