Category Archives: International

Businesses should consider their strategies for a revised compliance environment and model their tax burden based on the corporation tax rules, including the impact of the corporate interest restriction.

Non-resident corporate landlords tax changes coming

Graeme Blair - Partner - gblair@goodmanjones.com

Updated on 25th June 2018

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UK holding companies should review Double Tax Treaties with those countries where subsidiaries are located to consider the potential cost impact of Withholding Taxes being levied.

Is your UK holding company Brexit proof?

Graeme Bursack - Partner - gbursack@goodmanjones.com

Updated on 22nd May 2018

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A Picture of Michael Goldstein - Partner

The UK is the first country to bring in this type of register and so there are no other models to draw on and the government is intending to “…proceed cautiously , striking the right balance between improving transparency and minimising burdens on legitimate commercial activity”.

Government confirms draft Bill on new register of foreign entities owning UK property

Michael Goldstein - Partner - mgoldstein@goodmanjones.com

Updated on 3rd April 2018

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A Picture of James Hallett - Senior Manager

The UK has long been an ideal destination for businesses from entrepreneurs to multinationals who are attracted here for the geographical location, favourable time-zone, infrastructure and connectivity

Doing Business in the UK

James Hallett - Senior Manager - jhallett@goodmanjones.com

Updated on 23rd March 2018

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International

Overseas companies owning a UK property or bidding for public contracts will need to register.

New Register to disclose beneficial ownership of foreign entities owning UK property

Michael Goldstein - Partner - mgoldstein@goodmanjones.com

Updated on 20th March 2018

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Setting the right price for transactions between group companies is not straightforward and is an issue which tax authorities globally are increasingly taking a keen interest in.

Higher or Lower? Getting the price right for intra-group transactions

James Hallett - Senior Manager - jhallett@goodmanjones.com

Updated on 13th February 2018

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The firm’s only defence is having preventative measures in place. It does not matter if the senior management were in the dark.

The new offence of failing to prevent tax evasion: Is your firm ready?

Graeme Blair - Partner - gblair@goodmanjones.com

Updated on 6th December 2017

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A Picture of Aidan Roberson - Tax Manager

There is a legal “Requirement to Correct” by September 2018, and anyone who does not do so will face penalties for “Failure to Correct” of between 100% and 200% of the tax at stake. In the worst cases there are additional penalties of 10% of the value of the offshore asset and naming and shaming on HMRC’s website.

HMRC’s war on offshore assets

Aidan Roberson - Tax Manager - aroberson@goodmanjones.com

Updated on 16th November 2017

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A Picture of Janet Pilborough-Skinner - Partner

There is much to deal with when relocating, but ignoring your personal tax position can be costly

Your personal tax position when relocating to the UK

Janet Pilborough-Skinner - Partner - jpilborough-skinner@goodmanjones.com

Updated on 11th October 2017

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A practical consequence of an exit will be cessation of access to the parent-subsidiary directive and the interest and royalties directives. These directives are designed to allow for flow of funds between member states without withholding taxes. After March 2019 the terms of the tax treaty between the UK and the relevant counter party will govern the extent that withholding taxes will apply.

How might Brexit impact UK businesses?

Graeme Blair - Partner - gblair@goodmanjones.com

Updated on 27th July 2017

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