International tax

Running a technology business can often benefit you by giving you the opportunity to trade globally. For example, it can be a great way to:

• Hire skilled developers 
• Sell your technology in more countries 
• Acquire a competitor 
• Import goods and services at affordable prices

Unfortunately, expanding overseas comes with additional tax and compliance costs and can easily turn a profitable opportunity into a loss making one if you are not aware of all the steps you need to take to remain compliant. 

Taking the example of hiring overseas developers, you should ask yourself these questions:

• What payroll taxes do I need to pay?
• How much does it cost to run a local payroll?
• Do I need a local bank account?
• What foreign exchange exposure do I have?
• Does my company need to file a company tax return locally?
• What transfer pricing documentation do I need?
• How do I fund my overseas activities?
• Will I suffer any withholding taxes?

If you are conducting business internationally, or if you are spending time overseas, we can support you so that you avoid suffering too much UK or foreign tax.

Our approach to international tax

The way in which you structure your business or personal tax affairs has an impact on how much tax you pay. At Tech Relief we advise you on efficient international tax planning strategies that optimises your tax position.

Why choose our international tax service

• Compliance requirements - we can advise you on what action you need to take to remain compliant both in the UK and overseas.
• Global tax incentives -  there are thousands of tax incentives that are available across the world and we can help you understand your entitlement if you are working or conducting business internationally.
• Coming to the UK -  if you are coming to the UK to work or start a business, we can help you assess your tax obligations. We aim to make the process as straightforward as possible.

Contact us

For a free consultation with an international tax specialist call us today on 07586 955861 or send us an online enquiry so that we support you on your international tax journey.