Payroll Payecheck :: UK Payroll for Overseas Businesses
Non-resident overseas businesses wishing to establish operations in the UK usually require advice and assistance in setting up.
There are compliance issues to be addressed concerning Payroll, Registration and Taxation:
Payroll
An employee carrying on his duties in the UK, other than for short visits, obliges his employer to operate Pay-As-You-Earn (PAYE) and account for payroll taxes levied both on the employee and his employer.
The UK’s payroll regime is complex and familiarity with current rules to ensure proper and timely compliance is essential.
Registration
The UK Registrar of Companies maintains a regulatory regime involving notification of activity and the lodgement of certain documents on the Public Register. It extends to overseas companies represented here whether from a branch or otherwise.
Taxation
Income and corporation taxes are levied on the profits of unincorporated and incorporated business respectively who are deemed to be carrying on business in the UK.
Value added tax is a tax on supplies made to customers of both goods and services which are deemed to fall within the scope of the UK VAT regime.
The rules for each can be very involved and may require careful consideration.
We are able to advise and assist with regard to any or all of these and related matters. Your initial consultation involves you in no obligation – please call +44 (0) 1461 204121 and ask for Mr Arthur Eggleton.
Should you be wishing to purchase a UK registered company, perhaps as a wholly owned subsidiary of your overseas company, we are also able to advise and assist with set-up and all initial compliance.
