MHA and Freeth’s Solicitors – both UK members of Baker Tilly International – came together with the Australia United Kingdom Chamber of Commerce to bring ‘real world’ and practical advice to Australian businesses with their expansion into the UK market.
The session was led by Chris Denning, Corporate and International Tax partner from MHA, and Kevin Poulter, Partner at Freeth’s, and covered the principal ways in which an Australian company can establish a UK business entity and the related compliance and reporting obligations, including commentary on:
•Branch v Limited company •Capital structure •Corporate taxation •Profit repatriation •VAT •Employment taxes •Transfer pricing •Audit requirements •Introduction to the key principles of employing people in the UK •Facts, figures, and potential pitfalls
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