International tax planning

Our team are truly international tax planning specialists, providing expert and detailed advice in Sheffield, Doncaster and Northampton. Increasingly businesses are trading internationally and this is an area we are working very closely on with our clients. This may be simply buying or selling overseas, or establishing a permanent business presence in another country. We can provide international tax advice in all areas.

UK businesses selling overseas need to understand both the UK and overseas tax consequences of such transactions. While certain general principles do apply, specific advice on your circumstances and detailed knowledge of the country you are operating in is essential in determining your UK position. In the UK there may be VAT implications and an impact on Income Tax or Corporation Tax. The overseas tax authorities may require deductions to be made from payments to the UK. We can help you plan for such transactions, minimise deductions and obtain Double Tax Relief for overseas taxes where applicable.

One of the factors that makes Hawsons different is that we are members of HLB International, a global network of independent professional accounting firms and business advisers from over 100 countries.

Setting up a permanent business establishment in another country requires a detailed knowledge of the local tax regime, which will be different in every country. Through our membership of HLB International Hawsons’ tax specialists can introduce you to and work with local experts who can provide advice and assist with tax compliance.

About HLB International

Hawsons is a member of HLB International, a fast-growing, dynamic network of independent accounting firms and business advisers. Formed in 1969, HLBI is a mid-tier international accounting network, servicing clients through its member firms in over 100 countries. Through this network we can provide you with strategic, business and taxation advice relevant to the countries in which you are operating.

Find out more on the HLB International website

Read HLB’s Survey of Business Leaders 2021 here.

Investing overseas

If your are considering expanding operations overseas, you are likely to encounter a number of challenges with which you are not familiar. Together with advice from our HLB International member firms we can take account of local and UK tax issues to establish a tax-efficient structure for your business’ international expansion.

Investing in the UK

Laws in the UK that regulate businesses and taxes are numerous and complex. Before making any decision to invest in the UK you should ensure you have fully reviewed your strategic options and considered the optimal structuring of your enterprise.

Similarly, we advise overseas businesses on the UK tax implications of trading and establishing a presence in the UK, and we operate UK payrolls and prepare UK VAT returns for overseas businesses.

Our experts

Benefits of working with Hawsons