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UK Fact-File Part 4:
Individual Business Tax-Efficient Structures

4.2 UK Individual Business for Non-Residents

Business possibilities for non-residents 

It is possible for an incorporated company to be non-resident in the UK and conduct significant business there, but it must register for the taxes in the UK which apply to it (Corporate income tax, VAT if turnover is above the registration threshold, etc).

Where a company is deemed to be non-resident, it will be liable to pay income tax on any income arising in the UK, but generally not on its worldwide income. Maintaining non-residence means not creating a permanent establishment, and not falling under any of the tests which HMRC applies regarding management and control.

With regard to the situation for an unincorporated individual seeking non-residence in the UK and still conduct significant business there, the situation is similar – as long as the appropriate taxes are registered for in the UK with regard to the business, non-residence can be maintained fairly easily, although UK-sourced income will still attract taxation.


 

Introductory Guides

Brief, clearly written summaries with links to relevant sections of the Fact-File. The Fact-File itself is linked in full below.

 

Fact-File

Part 1: UK Business Formation for Individuals

  1. UK Individual Business Structures
  2. UK Individual Business Registration
  3. UK Individual Business Registration Cost
  4. UK Individual Business Licensing
  5. UK Foreigners in Business
  6. UK Business Organisations
  7. UK Business Accounting
  8. UK Family Business Ownership
  9. UK Venture Capital
  10. UK Individual Business Franchises

Part 2: UK Individual Business Domestic Taxation

  1. UK Individual Business Tax Residence Rules
  2. UK Permanent Establishment
  3. UK Individual Income Tax Rates and Bands
  4. UK Personal Allowances and Business Deductions
  5. UK Husband and Wife Partnerships
  6. UK Partnership Income Taxation
  7. UK Limited Companies Income Taxation
  8. UK Business Profit Retention
  9. UK Business Losses
  10. UK Value Added Tax (VAT)
  11. UK Individual Business Capital Gains Tax (CGT)
  12. UK Individual Business Other Taxes
  13. UK Individual Artists Royalties
  14. UK Individual Business Tax-Efficient Profit Distribution

Part 3: UK Individual Business International Taxation

  1. UK Individual Business International Tax Liability
  2. UK Individual Business Withholding Taxes
  3. UK Double Tax Treaties

Part 4: UK Individual Business Tax-Efficient Structures

  1. UK Individual Business Trusts and Foundations
  2. UK Individual Business for Non-Residents
  3. UK Individual Business use of Offshore
  4. UK Controlled Foreign Corporation (CFC) Rules
  5. UK Personal Estate and Inheritance Planning

Part 5: UK Small Business Incentive Programs

  1. UK Small Business Support Schemes
  2. UK Training Incentive Schemes
  3. UK R&D Tax Credits
  4. UK Individual Business Tax Holidays

Part 6: UK Individual Business Employment Issues

  1. UK Individual Business Employer Responsibilities
  2. UK Employment vs Self-Employment Tax Issues
  3. UK Apprenticeship and Work Experience Schemes
  4. UK Employee Dismissal Rules
  5. UK Business Owner Employment and Invoicing Rules

Part 7: UK Business Owner Welfare and Lifestyle

  1. UK Business Social Security
  2. UK Business Domestic Pensions
  3. UK Offshore and International Pensions
  4. UK Individual Business Healthcare
  5. UK Individual Business Banking Services
  6. UK Education
  7. UK Individual or Business Leaving UK
  8. UK Domestic Real Estate
  9. UK International Real Estate