UK Payroll for overseas companies
When overseas companies have employees in the UK, their payroll situation can become incredibly complicated. If you have an overseas company and have people working in the UK that need to be treated as UK employees for payroll, Perfect Payrolls can help make your life a whole lot easier.
Payroll is complex, no matter which country you’re based in, but when you’re trying to keep up with local legislation as well as overseas legislation, it can become a real burden. This is particularly the case if the majority of your workforce is overseas and you only have a few UK based employees.
Your own dedicated payroll expert
Fully compliant with HMRC legislation
Support designed to meet your needs
Free yourself of the burden of international payroll
Irrespective of your business – manufacturing, service or sales, Perfect Payrolls will make sure your UK payroll is dealt with accurately and on time. Working this way means you can relieve yourself of the duties associated with paying overseas employees, in the knowledge that everything is being dealt with by a team of professionals.
Frequently Asked Questions (FAQs)
If you’re considering taking someone on in the UK for the first time, then you could become affected by what’s called Permanent Establishment. Permanent Establishment is a relatively complex set up and it’s important that you understand the rules before you get involved.
If you trade in the UK via a Permanent Establishment, there is very specific treatment of your affairs. The profits from this sort of arrangement become liable for UK Corporation Tax. It affects any overseas business that has a fixed place of business in the UK or an agent in the UK who habitually exercises authority to do business on its behalf.
Permanent Establishment means that you have an obligation to file your financial statements in the UK, making them publicly visible via Companies House. There are many reasons why you might not want this to happen. In addition, certain employment arrangements become Permanent Establishments and it is important to be aware of this. Like most things, there are legitimate ways to plan your affairs so you do not become affected by this.
Not having fixed premises, not giving employees authority to negotiate or conclude contracts, publishing branch accounts and creating UK subsidiaries are just some of the ways that complications can be avoided. But you really need a professional on hand who is going the extra mile for you.
At Perfect Payrolls we go the extra mile, so you don’t have to. We can even help with non-payroll issues such as cross boundary financial issues, taxation, HR, contracts and accounts. If you’re overseas business with personnel in the UK get the help you need today.