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As part of a drive to cut complexity and burden from legislative reporting requirements, the monetary thresholds that determine company size are being raised by 50% in the UK. UK Prime Minister Rishi Sunak has announced that company size monetary thresholds will
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Anyone who wants to open a company in Germany, or in fact any jurisdiction, has a lot to plan and organize in advance. In addition to a business plan with the business idea and an investment plan, discussions with a professional service
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New flexible working laws in place from 6 April will hand employees greater rights to flexible working. Are you ready for the reforms? Most businesses now offer some form of flexible working, but imminent changes to flexible working laws may affect employers
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EU directive allows member states to decide when a gig worker should count as an employee. European Union countries reached a deal that would keep key decisions in the hands of member states, breaking a deadlock over plans for workers’ rights in
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Whether you’re starting a business or expanding an existing one, Europe is a profitable place. It is important to be a strategic exploration destination with a high degree of security. Our diverse economy, diverse culture, and robust market enable us to meet
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As a business owner, the ambition to set up multiple branches worldwide represents not just your success but also a strategic move towards expansive growth and diversification. If your business is evolving beyond your local boundaries, you may be ready to embrace
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Expanding your business across international borders is an ambitious yet rewarding venture. However, it’s a path that may not suit every business at any given time. The decision to expand globally goes beyond the typical metrics of financial health and market growth.
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Resident companies are taxable in the United Kingdom on their worldwide profits (subject to an opt-out for non-UK PEs), while non-resident companies are subject to UK corporation tax on the trading profits attributable to a UK PE, the trading profits attributable to
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On 29 January 2024, ICAEW Head of Tax Strategy, Frank Haskew, sent two letters to the Financial Secretary to the Treasury (FST), Nigel Huddleston MP. The first letter concerned HMRC service performance. It called for increased investment in HMRC to develop better digital
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The general CIT rate in Spain is 25%. Other tax rates may apply, depending on the type of company that is taxed and its type of business. Resident companies are taxed on their worldwide income. For PEs in Spain of foreign companies, non-resident income
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