How Does the UK Tax System Work?
The UK has an advantageous tax system for businesses and is a main reason why many companies choose to expand here rather than other places in Europe. Social contributions are extremely favorable, making the cost of employing staff highly affordable compared with other European countries. Generous tax allowances are available for capital spent on establishing businesses in the UK and setting up in certain areas of North England. These include costs for machinery, new industrial and commercial properties in enterprise zones, and research and development. Your North England business expansion expert can provide you a fuller picture of how the UK’s business-friendly tax system works. How Do I Form a Company in the UK? There are a number of ways to incorporate in the UK depending on your company. General incorporation information is available from UK Trade & Investment. The North of England Inward Investment Agency can advise you on the best options and put you in touch with legal professi
