UK Company Formation...

Everything you need to know about setting up in the UK.

UK Company Formation Wizard

Use our helpful tool to see what's required to set up your company in the UK.

Setting Up in The UK

A practical guide to what’s involved, and what you can expect to happen during this process.

FAQs

Get answers to commonly asked questions about company formation, accounting and taxes.

Our Services...

From accounting to personalised telephone answering – everything your company needs to thrive in the UK.

UK Company Formation

Company formation, memorandum and articles registration and appointing Directors and Shareholders.

Legal Compliance

Covering various business operations such as company secretary, registered office, handling post and more.

Outsourced Finance Office

Complete administrative support for your UK company designed especially for foreign businesses.

Bank Account Opening

Operate from day one with an EBS Client Account that can be opened immediately.

Virtual Office Service

UK business address, personalised phone answering service, mail handling, access to the meeting room.

NEW

Hot Desking Service

Co-working space and hot desking services offering a flexible and collaborative working environment.

Advisory Services

Advice on formation, directorship and other relevant rules and regulations related to setting up in the UK.

Brokerage Services

A single entry point to services frequently required in the early stages of company development.

About EBS...

Find out more about EBS, how we operate and what we stand for – or simply get in touch with us.

Who we are and how we work

We work exclusively with foreign-owned businesses in the UK and understand the problems they face.

Our Team

Behind every successful business is a great team - meet the team that makes up EBS.

Contact Details

Our address and contact details. If you need to get in touch with us, you can email us here.

Who we work with...

Explore our case studies and see how we work with foreign companies, helping them set up in the UK.

What's happening in the Industry

We’ve created and curated some helpful news articles relating to EBS and the industry in general.

Join our mailing list

Sign up to our mailing list to get news and updates straight to your inbox.

Helpful Guides and Documents

We’ve created some helpful guides and documents covering topics such as Britain’s History and Geography, The Legal System, Formalities and more. 

Join our mailing list

Sign up to our mailing list to get guidance articles straight to your inbox.

Get in touch with us...

We’d love to hear from you! – if you have any questions, please get in touch with us on phone, email or social media, and our friendly team will be pleased to help.

Head Office

EBS Ltd, Innovation Centre, Gallows Hill, Warwick, CV34 6UW

London Office

EBS Ltd, 118 Pall Mall, London, SW1Y 5EA

Manchester Office

EBS Ltd, Elliot House, 151 Deansgate, Manchester, M3 3WD

question marks

Who Pays for the UK?

A recent survey has revealed that only 0.1% of all UK taxpayers, that is about 29000 people, pay 14% of all the Income Tax and associated Social Costs.

And the next 1% of taxpayers pays about 15% of the Income Tax, so about 300,000 people pay nearly 30% of all Income Taxes in the UK.

How important is this to the UK economy?

Well, Income taxes and Social costs account for 45% of the total taxes revenue raised in the UK. Direct taxes on business account for 22%, fuel and alcohol duties another 7%, and VAT, Capital taxes, Insurance Premium Tax and others account for the remaining 26%. So employment taxes are by far the biggest contributor to the UK tax revenue. 

Does raising tax rates increase the amount collected?

The top rate of Income Tax was raised to 50% for earnings over GBP 150,000 per year (from 40%) in 2009, and yet, according to figures released by the UK Tax Authorities, the actual amount of Income Tax collected from this group of people, about 1% of the total number of taxpayers, or 300,000 people, did not increase. 

The current government reduced the top rate to 45%, and it remains to be seen if this high earning group will actually pay any more, or continue to invest in ways of avoiding it. 

Turning now to Corporation Tax, the main rate has reduced from 28% to 24% over last the last few years, and will continue to fall until reaches 20%. And yet the amount of money collected has remaind very much the same at GBP 40 billion per year.

It would seem that the UK tax payer has a level at which they are comfortableto pay, but if the rates go above these levels then they will find ways to actively reduce the amount they pay. Some Euro Zone governments are discovering this human tendency at the moment as they attempt to close their Budget Deficits partly through increased taxation, with varying success. 

At what point does a tax payer get out of the system what they put in?

This is difficult to calculate as it relies on many estimates. However, it is considered that a couple earning GBP 45000 per year receives back from the State in benefits such as education, healthcare, defence and similar services, approximately the same amount as it pays in income taxes, VAT and so on, so this is roughly the breakeven point.

However, it is also accepted that the richer people use up fewer resources from the State. They tend to use private not state founded health care, send their children to fee paying schools and take care of their elderly themselves.

What does this tell us?

Probably that the total value of taxes collected for individual tax payers will increase only when there are more people working, and this explains the UK Government’s emphasis on job creation and promoting inward investment.

After number of fairly high profile cases in the last year, there has also been a focus on corporate tax avoidance, closing methods such as the use of off shore companies and transferring royalties and interest payments to low tax countries. This can increase the taxation income of the UK without harming the individual tax payer or the more traditional business, and we can expect these “anti-avoidance” strategies to continue. 

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Warwick Office

EBS Ltd, Innovation Centre, Gallows Hill, Warwick, CV34 6UW

London Office

EBS Ltd, 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ

London Office

EBS Ltd, Elliot House, 151 Deansgate, Manchester, M3 3WD​

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