UK businesses doing business abroad

We advise on the UK tax implications of trading abroad. 

We do not advise on the tax positions in foreign jurisdictions, but through our network, we are usually able to introduce you to an advisor in most EU member states.

In our experience, the key issues you are likely to face are:

• Determining when and how your exports of goods or services can be UK VAT free.

• Identifying when you need to be VAT registered in another country, and registering where necessary

• The implications of ‘triangular’ (and even more complex) chain transactions

• Making sure that your records will stand up to scrutiny by HMRC.  In our experience, more than 70% of businesses are non-compliant in some way.

• Dealing with regimes such as Customs Warehousing in other EU member states

• Ensuring that your invoices show the correct information, not just for UK purposes, but also when they are processed in another EU member state.  (Incorrect or inadequate information on the invoice can hold up payment.)

• Double Taxation issues

• Taxation of employees working abroad

In addition to the above, there is also the complex world of Import, Export, and Customs Duties which we discuss separatley here >

For an initial discussion on how we can help you on all these issues please call us on 0845 643 5450.