1. Distinction between resident company and foreign company
Taxation in the UK is weak, has a low tax system taxes.
2. Tax rate for foreign companies
Similar to those of permanent establishments of non-resident companies in the UK, provided that the company is resident in a territory that has a double taxation treaty with the UK rates apply.
3. Deductions and tax credits
Companies can deduct from gross trading profits all expenses are linked exclusively for commercial purposes. Payments for indirect taxes are usually deductible as charitable contributions. Complicated rules have certain deductions employee share ownership schemes or options to purchase shares that generally do not receive accounting treatment.
In PBS, their motto is” Our confidence is your security”, you can count on them for tax advice in UK and other countries such as in accounting and payroll in Spain, among many others.