UK Taxation – Resident and Business Owner Must Know

Select the list of guides about UK Taxation

UK Taxation

Overview of Taxation in the UK

Overview of Taxation in the UK

Tax is no one’s favourite subject – but understanding how it works will be truly beneficial. If you are living or planning to move to the UK, taxation is definitely something worth researching, given how it can potentially impact your personal finances. Read more

Overview of VAT in the UK

Overview of VAT in the UK

Value-Added Tax, also known as goods and services tax (GST) in some countries, are taxes that are levied on products at each stage of their production when value is added. Read more

Arm’s Length Principle in the UK

Arm’s Length Principle in the UK

The interest in maintaining fairness to a contract has always been ever-present. Whilst it may be easy to draft up documents to officiate an agreement, much emphasis as of recently has been to ensure that every party involved were treated fairly and not exploited by the terms agreed upon. Read more

Capital Gains Tax in the United Kingdom

Capital Gains Tax in the United Kingdom

Thinking of selling your asset(s)? You would be right to assume that taxes would be involved. It is important to be absolutely sure that whenever a transaction of properties occurs, it is done with proper care and in compliance with statutory requirements. Read more

How to Avoid Common VAT Errors in the UK

How to Avoid Common VAT Errors in the UK

VAT are taxes levied on products when they value-added to each stage in the supply chain. Unlike sales tax, VAT is charged from one purchaser to another, such as retailers, manufacturers or distributors. Read more

How to Set Up a Yacht Charter Business in the UK

How to Set Up a Yacht Charter Business in the UK

If you have a passion for sailing, a skippered charter business might be an excellent way to utilise your entrepreneurial skills. The global yachting industry is expected to reach USD83.2 billion by 2025. Read more

Dividend Tax in the UK

Dividend Tax in the UK

Suppose you have bought shares or plan to buy shares in the future in the UK – knowing how the tax on dividends work is mightily crucial. Read more

HM Revenue & Customs in the UK

HM Revenue & Customs in the UK

Her Majesty’s Revenue Services or better known by the acronym, HMRC, is an authoritative tax collecting body of the UK government. Read more

UK Industry-Specific Tax Incentives

UK Industry-Specific Tax Incentives

At first glance, you might find the UK tax and incentives to be complicated – however, upon dissection, you’ll soon discover that it’s all straightforward. Read more

Tax Avoidance and Tax Evasion in the UK

Tax Avoidance and Tax Evasion in the UK

For many, tax is a tedious, time-consuming task to complete; however, one must complete it. Businesses, corporations, workers and other organizations that generate a steady monthly income must pay their taxes to the Government annually. Read more