The I-9: Right to Work Checks in the US As in the UK, employers in the US are required to take steps to verify that their employees are legally entitled to work in the US. Form I-9 is used to document the employer’s verification of the employee’s identity and authorization to work. The I-9 has …
Author Archives: Jerry Meek
You’ve registered a US LLC: Now what?
You’ve registered a US LLC: Now what? Some UK companies decide to do business in the US by registering a US limited liability company (or LLC). What US federal tax filing requirements will result? There are good reasons why a UK company shouldn’t own a US LLC – unless, that is, an election (known as …
4 Reasons Your UK Company May Need to File a US Tax Return
4 Reasons Your UK Company May Need to File a US Tax Return Does your UK company need to file a tax return in the US? Here are 4 reasons why you might. 1. You have US sourced income. If you have income that the IRS considers to be income from sources within the US, …
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What are Forms W-9 and W-8BEN-E?
What are Forms W-9 and W-8BEN-E? UK companies doing business in the US – either directly or indirectly – may be asked by a client or customer to provide a completed W-9 or W-8BEN-E. What are these and why do they need to be completed? A W-9 is a form completed by US citizens or …
What do I put on my US invoice?
What do I put on my US invoice? Our UK clients are accustomed to following specific legal requirements with respect to the invoices they issue to their customers. Thus, they are often surprised that, except for certain requirements relating to sales tax, what you put on an invoice in the US is largely dictated by …
Registered Offices in the US and UK
Registered Offices in the US and UK Many of our clients assume that a US registered office functions just like a registered office in the UK. However, a US registered office serves a much more limited role in the US than in it does in the UK. Almost all US states require a company doing …
UK Exporter’s Introduction to US Taxes
UK Exporter’s Introduction to US Taxes UK companies selling goods to US customers often assume that no US tax obligations will result from their activities. Sometimes the assumption is correct; more often it is not. Here are the main US tax obligations of which UK exporters must be aware. Federal Income Tax. If you are …
UK Corporation Tax Rates Are Rising – Implications for US-UK Cross-Border Enterprises
UK Corporation Tax Rates Are Rising – Implications for US-UK Cross-Border Enterprises For at least some UK corporations, the UK corporation tax rate will soon increase. From April 2023, UK corporations with company profits over £250,000 will pay tax at the 25% rate, corporations with company profits under £50,000 will continue to pay tax at …