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London Information:

[snippet ...] This wider usage of "London" is documented as far back as the 16th century. A secondary financial district exists outside of the City, at Canary Wharf to the east. The City of London is widely referred to simply as the City (often written as just "City" and differentiated from the phrase "the city of London" by capitalising "City") and is also colloquially known as the Square Mile.

The City of London has a novel political status, a legacy of its uninterrupted integrity as a company metropolis for the reason that Anglo-Saxon interval and its singular relationship with the Crown. But, as its web site boasts, amongst native authorities the City of London is unique .

Technically Constitution cities are politically and administratively impartial to the political system of the land. The British government is the bond slave of the invisible and inaudible power centred in the City. By the requirements of the day the good Westminster Corridor was an enormous building, actually the most important hall in England and presumably the entire of Europe. » Read entire article »



Corporate Tax Information:

[snippet ...] If your circumstances are different – say you have another job as well as working for your own company – then you may start paying income tax on your salary sooner. When you're running your own business, it's almost a certainty that you'll have to pay some kind of tax at some point. If you're paying income tax on your salary, your employer, in this case your own company, will deduct it from your salary under the PAYE (Pay As You Earn) scheme. The complexity of the corporation tax system is a recognised issue. This information particulars some of the elements it's essential consider in terms of UK tax. Subsequently, as a non-resident person, you are chargeable on the profits of a trade (or profession or vocation) if it is carried on within the UK, the profits of a UK property enterprise if the land or property generating these profits is situated in the UK, employment income referring to UK duties, UK partnership income and UK pension revenue. The same applies to firms trading in the UK by a permanent establishment.

This doesn't apply to those individuals who have been resident within the UK in lower than 4 of the seven tax years previous the year of departure. » Read entire article »



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