Why you should register your business for VAT In this article we would like to dissipate doubt of all of those who do not know whether they should register their business for VAT or not. Some people consider it beneficial option, the other claim that such step only generates high cots. How is it in […]
The Introduction to the UK Tax system The UK government raises about 400 billion pounds in taxation each year. This amount is broadly split in the following manner. The largest single tax is income tax earner for the government. Income tax makes up to 32% of total revenue. This tax is charged on salaries from […]
Why do such big corporations like Google, Amazon, Facebook, EBay, or Starbuck pay so low taxes in the UK?These multinational American companies with big sales seem to practice tax avoidance in our country. As in many other countries, in the United Kingdom, there is imposed a requirement on each company to pay corporation tax connected […]
European migrants – essential element of British economy. Since the 2004, a large number of European migrants have arrived to the UK. This process of migration has not finished yet. 2004 year was the crucial moment in the history of the European Union as then ten European countries from Eastern and Central part of Europe […]
In many countries, opening and conducting a business demands a lot of difficult paperwork and formalities. That is why so many Europeans decide to open their enterprise elsewhere. Great Britain offers much easier solutions for entrepreneurs who wish to expand or open a new business. Those who emigrated to the United Kingdom and opened their […]
If we, together with many other Poles and people of different nationalities get interested in emigration to Great Britain, then we surely realize that we are involved in tax payments. Even more if we are concerned with working in the UK – if we are employed, then our employer deals with taxes using the PAYE […]