UK Trading Income

UK companies can be used to receive foreign trading income at low or no UK tax cost. Much depends on the circumstances of each particular case, but we can advise and assist clients to minimise quite legitimately their UK tax costs using UK companies. This is relatively straightforward, where the beneficial ownership of the UK company is situated outside the UK, and the trade or business of the UK company is conducted outside the UK.

Do you have a question? Ask Jason

 



Example: UK limited liability partnership (LLP)

 

Comment

If all the members of the UK LLP are non-UK resident, it is possible for an LLP to receive non-UK trading income entirely free of UK taxation. This is not tax avoidance, but a consequence of the fact that the UK Parliament has decided that UK LLPs, although corporate in form, should be taxed as partnerships - resulting in no UK tax at entity level.

Enquiry Instruct us

Jordans Trust Company Limited

First Floor
Templeback
10 Temple Back
Bristol
BS1 6FL

+44 (0117) 918 1407

Hours of Operation:
Mon. to Fri. 9am to 5pm 

 

Meet the team

Dedicated to making sure you receive a personal and responsive level of service.

Find out more