Chartered Certified Accountants
SETTING UP
IN THE
UK?
We have over two decades of experience in successfully assisting overseas companies setup and run their business in the UK.
SETTING UP IN THE UK?
With fewer restrictions, a favourable tax regime, one of the most generous R&D tax relief schemes in the world, and a springboard to the US and Europe, the UK continues to be a leading destination for companies expanding their global business.
KEY FACTS
- One of the lowest headline rates of corporate income tax of 19% (2019/20) and expected to reduce to 17% by 2020
- The lowest corporation tax in the G20
- R&D tax relief of up to 24.7p for every £1 spent on qualifying R&D activity conducted anywhere in the world
- Video games tax relief (VGTR) of up to 15.2% of qualifying production spend
- Film tax relief (FTR) of up to 10% of the total production costs relating to activities in the UK
- UK patent box regime provides a 10% corporation tax rate on profits attributable to qualifying patents
- Access to UK and European financial markets through LSE or junior markets such as AIM
- Claim capital allowances on any items kept the use for your business (known as plant and machinery), including cars, air-conditioning systems and electrical systems
- If you’re an employer, you can get up to £3,000 annually off your National Insurance bill through an Employment Allowance
KEY SERVICES FOR COMPANIES SETTING UP IN THE UK
- UK Company formation
- International tax structuring
- Cloud based outsourced finance/back office function
- Payroll registration and compliance (including benefits)
- VAT and customs compliance and advisory services
- Corporation tax advice and tax return filing
- Expatriate and global mobility tax services
- Transfer pricing
Trusted by some of the UK's leading SMEs
From start-up’s to global businesses, here just a small but representative selection of our clients:
As well as providing a full-range of accountancy services, we are highly regarded for our sector focus – Hospitality, Retail, Creative and Media, Technology and Property.
Introductory Meeting
To arrange an introductory meeting, or for a quote, please complete the below form.
Why partner with Prysm Financial?
✔ Digitally enhanced accountants for SMEs,
✔ Chartered Certified Accountants
✔ Full service – bookkeeping, accounting, payroll and tax,
✔ Free up time and frustration,
✔ Dedicated finance partners,
✔ Grow with confidence,
✔ Powered by Xero.
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