United Kingdom VAT and corporation tax for international businesses.
Value Added Tax - If you
carry on a trade in the United Kingdom then many of your expenses in UK will
attract VAT. This VAT is recoverable if you register your trade for VAT purposes.
However obtaining a refund of your VAT from outside the UK is time-consuming
and frustrating. Even if your business resides outside the European Union,
there are circumstances where you are required to register for UK VAT: for
example if you instal machinery in UK on a regular basis. The penalties for
failing to comply with the VAT laws are severe. Commercial
Angles can reduce your risks of non-compliance and reduce your operating
expenses quickly and cheaply. Our services include acting as your agent
for VAT purposes and submitting all your quarterly VAT forms on your behalf.
All net refunds of VAT will be credited to your account with us or remitted
to you on a regular basis.
Corporation Tax
- If your business in UK is registered and if Commercial
Angles supply an accounting service to it, we are able to prepare
draft corporation tax computations for your approval and to submit these
to the Inland Revenue. As your agent we may agree tax assessments with the
Inland Revenue on your behalf. |