Guide to Doing Business in the UK updated following changes in legislation and the UK's decision to leave the EU
MGI UK & Ireland member Rickard Luckin Limited has updated its Guide to Doing Business in the United Kingdom, which is designed to provide information on a number of subjects important for those contemplating investing or doing business in the UK.
This update takes into account the latest changes to UK legislation up to July 2016 and the announcement that the UK is to leave the EU.
Peter Leonard, Director at the UK-based member firm says, “The guide has been updated for all of the changes in tax rates following the 2016 Budget in March, as well as highlighting some of the potential changes to the rules of operating in the UK as a result of the nations’ ‘BREXIT’ vote in June.”
Some of the key changes MGI Worldwide members should be aware of include:
- Greater incentives to invest in UK Companies with lower Capital Gains Tax rates now in place for non-property transactions
- Increased taxation of dividends for shareholders that are caught within the UK Income Tax system
- New disclosure rules for shadow directors and shareholders at Companies House to disclose ultimate control of companies operating in the UK
Peter continues, “The UK remains a strong country to trade with and to operate your business from. Please do take the time to review our guide and if you have any questions we are happy to help.”
MGI Worldwide members can access the updated Guide to Doing Business in the United Kingdom HERE
Chartered Accountants Rickard Luckin Limited. (formerly Bird Luckin and Rickard Keen) are based in Southend-on-Sea, Basildon and Chelmsford, UK. The firm is a valued member of MGI Worldwide and has been for over 37 years. Joint Managing Director Alan Worsdale is also Board Director for MGI in the UK and Ireland.
MGI Worldwide a Top 20 ranked international accounting network with some 5,000 independent auditors, accountants and tax experts in over 250 locations worldwide.