by Jerry | Sep 8, 2023 | Business Advice, Human Resources, Payroll, Tax
A social security number (or “SSN”) is a nine-digit number issued to US citizens, permanent residents, and temporary (working) residents. It is the primary identifier for individuals, used by government agencies, private enterprises, and financial institutions. Only...
by Jerry | Sep 6, 2023 | Business Advice, Marketing
When creating a US subsidiary or other affiliate, UK companies often include a geographic identifier in the name. Names like Acme USA Inc. or Acme US Inc. are common. Should you, however, include the word “America” in your US company name? The answer depends. To be...
by Jerry | Sep 3, 2023 | Business Advice
Despite a 5 to 8-hour time difference, the US is the UK’s largest export market. No doubt this is largely attributable to the shear size of the US market. But it is also a function of a similar language and familiar business culture. Despite the similarities, there...
by Jerry | Aug 31, 2023 | Accounting, Tax
Our UK clients often ask if sales tax is reclaimable in the United States. The answer is no. The explanation stems from a fundamental difference in the way VAT and sales tax operate. VAT is a tax assessed on the value added in each production stage of a good or...
by Jerry | Aug 29, 2023 | Business Advice, Legal
Our UK clients are accustomed to legal requirements relating to the use of their UK company registration number (or CRN). They are therefore often surprised to learn that the registration number assigned to a US company is of very little significance in the US....