UK: At Home In The UK - A New Look At The Role Of The UK In Your Business

Background

Multinationals are looking differently at the UK and the new choices it presents.  Recent, significant tax reforms are prompting many to reconsider the role that the UK can play in the group's business activities and some have announced their intention to return to or expand their activities in the UK.  

Activities which in the past may have settled in Switzerland, Luxembourg and the Netherlands can today be an ideal fit for the UK.  Meanwhile, investing in offshore operations from the UK is significantly more attractive than it used to be.  

So, what's changing and how should businesses react?

Key findings

Our publication focuses on the current and emerging tax opportunities that the UK now affords multinational groups, both UK and foreign-owned.  

We cover UK tax changes including controlled foreign companies (CFC) reform, Patent Box, above the line R&D and the reducing corporation tax rate, and discuss what these changes mean for businesses that have operations in the UK.  

Of key importance are CFC changes which will bring more flexibility to non-UK owned groups who use the UK as an intermediate holding location, and UK-owned groups basing financing operations offshore.  

We also provide guidance around what companies should be considering now, and other areas to be aware of for groups who might be considering expanding their presence in the UK.

For further information, please download our publication, At home in the UK.(PDF 564 KB)

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At home in the UK (PDF 564 KB)

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.