Following representations, the government has proposed amendments to the draft tax legislation concerning distributions made by a company to an Employee Ownership Trust (EOT) to finance the acquisition of the company. Background Tax reliefs are available when an EOT acquires shares in
Read More
The United Kingdom is one of the biggest tourist hotspots in Europe. After all, this country is home to sites such as Big Ben and Buckingham Palace. However, you might not be aware that the UK is also an economic hub that
Read More
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
Read More
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
Read More