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Setting up a business in the UK – what choices do you have?

Are you a foreign national wanting to carry out business in the UK? That’s a positive step. After all, the UK is one of the largest economies in the world. In terms of GDP, it’s the sixth richest country with one of the highest wealth per capita. With a stable economic system and a diverse […]

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Freeports – coming soon to the UK

New opportunities for overseas companies Are you a non-UK company thinking of setting up in the UK? Then now is the perfect time to set the ball in motion. As part of its post-Brexit plans for boosting the UK economy and creating thousands of jobs, the British government is establishing at least 7 new Freeports […]

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Questions that need to be answered for the Sponsor Licence

What are the questions need to answer for the Sponsor Licence? Find below the questions (verbatim) that need to be answered in the first stage of the Sponsor Licence request:  Why are you applying for a sponsor licence?  What sector you operate in?  What are your opening/operating hours?  You must provide an up-to-date hierarchy chart detailing any owner, directors and board […]

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How to hire overseas workers post Brexit

Overview   Brexit came into force on 1 January 2021. From this date employers wanting to recruit from outside of the UK need to follow the new immigration system. In most cases, this means that the employee will need a Skilled Worker Visa. To get this the employee needs to:  have a job offer from a licenced sponsor  be applying for a […]

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5 Brexit changes

Overview Brexit came into force from 1 January 2021. In this note we remind you of five big changes. 1. Deadline for settled and pre-settled status has passed If you are an EU citizen, but you have already got the ‘Indefinite leave to remain’ or the ‘Indefinite leave to enter’, you have the right to continue to live, work and study in the United Kingdom after Brexit. Otherwise, you […]

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Penalties and fines for undisclosed foreign income

Overview If you are resident in the UK and you get foreign income or capital gains you must declare them on your UK tax return. This applies even if you never bring the income or gain into the UK.  Penalties can be up to 200% of unpaid tax and HMRC can ask you to go […]

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