International Tax
The world has become smaller and it is unusual these days for there not to be some international aspect to most businesses and increasingly for individuals as well. Whether you are a mature multi-national group considering expanding into a new territory, a business making its first foray overseas or an individual moving abroad to work it is essential that you get your tax planning right.
Without getting the planning right it is not uncommon for a taxpayer to end up being taxed in more than one regime with the inability to offset tax paid on income in one regime against tax on the same income in the other regime. With careful and timely planning we can help you to avoid your earnings or profits being subject to double taxation.
Tenon has a team of tax specialists with many years experience in the international corporate, personal and indirect tax fields. This includes investment into and out of the UK, advising on international group structures, profit repatriation, transfer pricing, acquisition of overseas properties, international tax optimisation for individuals and cross border VAT issues.
We also have a team specialising specifically in providing advice to companies with internationally mobile employees – more details can be found in Tenon Expat.
Any international tax adviser needs a good international network. Tenon is a member of an international network of tax advisers and accountants with representation in most major territories and excellent contacts built up over many years in most other territories.p>
For groups setting up in the UK and Europe for the first time we can offer not simply excellent tax advice but can provide an integrated outsourcing service incorporating amongst other things payroll preparation, completion of VAT returns and management accounting. More details can be found in Outsourcing and Touchdown Europe .
Tax cannot exist in a vacuum; a complicated
offshore structure may be great for tax purposes but is pointless if it
inhibits your commercial growth. We therefore aim to give practical
and pragmatic tax advice always focussing on your commercial objectives.
Contact us today if you
want to know more.