|Local Time (LIVE):||2:07 PM|
|Local Currency:||$1 = £0.77|
|Tax Year Dates:||6th April – 5th April|
According to the UK government, more businesses locate their EU business headquarters in the UK more than anywhere else in Europe. That’s unsurprising, with the UK predicted to become the largest economy in Europe by 2030 and its myriad of opportunities in different industries. There’s also the benefit of low corporate tax – 20%, the joint lowest in the G20.
Despite the UK’s many benefits for business expansion, new staff payroll, immigration and other aspects of international payroll and HR can be stressful to manage and organize. Luckily, FMP Global’s in-country teams have the expertise to help with the payroll and HR logistics of expanding your business.