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SETTING UP IN THE UK

With fewer restrictions, a favourable tax regime, one of the most generous R&D tax relief schemes in the world, and a springboard to the US and Europe, the UK continues to be a leading destination for companies expanding their global business.

Jeffreys Henry LLP have over two decades of experience in successfully assisting overseas companies setup and run their business in the UK.

KEY FACTS

  • One of the lowest headline rates of corporate income tax of 19% (2019/20) and expected to reduce to 17% by 2020
  • The lowest corporation tax in the G20
  • R&D tax relief of up to 24.7p for every £1 spent on qualifying R&D activity conducted anywhere in the world
  • Video games tax relief (VGTR) of up to 15.2% of qualifying production spend
  • Film tax relief (FTR) of up to 10% of the total production costs relating to activities in the UK
  • UK patent box regime provides a 10% corporation tax rate on profits attributable to qualifying patents
  • Access to UK and European financial markets through LSE or junior markets such as AIM
  • Claim capital allowances on any items kept the use for your business (known as plant and machinery), including cars, air-conditioning systems and electrical systems
  • If you’re an employer, you can get up to £3,000 annually off your National Insurance bill through Employment Allowance

FURTHER INFORMATION

For further information, or to arrange a free introductory meeting, please contact Justin Randall, Sudhir Rawal or Mark Tenzer on 0207 309 2222.

Justin Randall, Chartered Accountant at Jeffreys Henry LLP London Accountants