Double Taxation: How to Claim Relief for Foreign Income If you earn income from a foreign source, you may find yourself in a situation where you're taxed twice - both by the country where your income originates and by the UK. However, the good news is that you can often claim tax relief to recover … Continue reading Double Taxation: How to Claim Relief for Foreign Income
Understanding double tax treaties in the UK Double tax treaties, also known as double taxation agreements, play a vital role in facilitating international trade and investment by preventing double taxation. These agreements are designed to provide relief and clarity to taxpayers operating across borders. In this blog post, we will explore the concept of double … Continue reading Understanding double tax treaties in the UK
The Register of Overseas Entities came into force in the UK on 1 August 2022. The register is held by Companies House and requires overseas entities that own land or property in the UK to declare their beneficial owners and / or managing officers. This compliments the current HMRC Worldwide Disclosure Facility (WDF), aimed at … Continue reading New transparency regulation for overseas property owners
An overseas company must register with Companies House if they want to set up a place of business in the UK. This would mean that the overseas company has some sort of physical presence in the UK
