Dyke Yaxley has extensive experience addressing the multitude of challenges that arise from learning and operating in multiple tax jurisdictions as your business enters and grows in the UK marketplace. We have the expertise to advise you on how to structure your business operations in the most tax and business efficient manner.
While your current US accountant understands US state and local taxes, permanent establishment versus state tax nexus, US health insurance and employment at will, are they knowledgeable about UK VAT requirements, Companies House statutory filing requirements, National Insurance, maximum weekly work limits for UK employees and many other UK tax and business nuances? Do you have a network of US service providers you can turn to should the need arise? Dyke Yaxley can work with your existing accountants and service providers to bridge the gap for your expansion into the UK marketplace, addressing the questions above and much more.
Business Tax Planning
Helping your business grow
Our team understands the different business entities in both jurisdictions; how they are taxed; and the tax implications of repatriating profits from the subsidiary back to the parent company and the ultimate shareholders. In effect, we act as business translators to best position your expansion into the UK.
Business Tax Compliance
Reducing the cost and burden of compliance
Once your business is set up in the UK, our team is able to provide tax compliance services.
In addition to assisting your business with your tax compliance needs, we can educate you on the business nuances found in the UK that differ from the US, including employment contracts, National Insurance, the UK socialized healthcare system and much more.
Value Added Tax (VAT)
Simplifying the complicated
Our VAT specialists have extensive experience in dealing with VAT from the tax authorities’ perspective, as well as from the private practice point of view. In addition, we can help you understand and comply with the VAT rules when you are entering the international market arena.
For business planning purposes, we can advise you on when you would have a VAT registration requirement in the UK, and when it comes time to prepare your online VAT returns, we can handle that for you too. Our professionals can help you understand the Distance Selling Regulations. In addition, we provide business advice to our UK clients providing services or selling products on an international basis.
Please contact us to receive a free report that lists of some of the most important topics to consider when doing business in the UK.