Requirements of a UK company

A UK company needs to have one director, one shareholder and a registered office address in the UK.

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4 Jan 2011: 20% UK VAT rate
From 4 January 2011 the UK's standard rate of VAT will increase to 20%.
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VAT Package: 2010 & beyond
Since 1 Jan 2010 the place of supply of most cross-border B2B services has been where the customer is established & subject to "reverse charge". From 1 Jan 2011 the same applies to B2B "entertainment" services. B2C is VAT-able where "activities" take place. B2B for "admission" (e.g.tickets) to entertainment is where "event" takes place.
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Tax on London City Bankers
The UK has imposed a one-off tax on bankers' bonuses as well as a 50% tax on income above £150,000. Bankers should consider options available.
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Liechtenstein Disclosure Facility
The LDF is a facility provided by HMRC to support the reviews to be carried out by banks, wealth management firms and financial intermediaries in Liechtenstein to identify those who may have liability to UK tax.
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