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Rishi Sunak set to increase UK corporation tax from 19% to 23%

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Roamer

New member
Rishi Sunak will announce much-anticipated plans to increase corporation tax in the Budget next month, in a bid to repair the UK's pandemic-hit economy.

The Chancellor is not expected to immediately rise the tax on March 3, but instead increase it by 1 percentage point in the autumn, taking it to 23pc over the parliament, reported The Times.

Intense. Some may say expected. Yet, is it the straw that will break your camel's back?
 

hdloader11

New member
I've realized that as long as you aren't a citizen or a resident, US is the best place to incorporate. No taxes for foreign owned LLCs that don't do business in the US, access to trustworthy high street banks and payment processors, and it is also very hard for your home country to find you if you set up your structures correctly.
 

manukahoney

New member
I've realized that as long as you aren't a citizen or a resident, US is the best place to incorporate. No taxes for foreign owned LLCs that don't do business in the US, access to trustworthy high street banks and payment processors, and it is also very hard for your home country to find you if you set up your structures correctly.
You are not wrong. The only thing a lot of people forget - US is a litigious nation with very expensive lawyers. So if you don't have customers in the US or happy to accept the risk of being sued for no reason - US is a great choice.
 
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