Compandben International Ltd reveals its tax payment 2018-2019

Compandben International Ltd's 2018/2019 tax year accounts have just been produced and its corporation tax was GBP38,000.  John Tinsley, Director, says: "No one likes paying tax.... but we feel proud that that we don’t pay accountants to minimize taxes like some large companies, by pretending revenues are all produced in low corporation tax countries like Ireland or Luxembourg!"

He continues:

Compandben International Ltd is Compandben's UK entity.

Compandben has a network covering over 100 countries for Employer of Record services (sometimes called PEO services) -our local partners will employ staff on our clients' behalf. They therefore don’t have to immediately make the commitment of setting up a branch or subsidiary in that country.

We employ staff directly on behalf of clients in Andorra, Finland, Iceland, Ireland, Latvia, Norway, Portugal, Poland, South Africa, Sweden and UK. In all these countries we charge clients `10% of the employment costs.

But for the other 100 countries, we use partner companies and simply add a small margin to the charges levied by the partner.

If you do employ staff directly we have a network of "Payroll Partners" covering up to 140 countries for payroll administration and accounting and we are happy to make sure everything is compliant. A typical monthly cost for this service for up to three employees is €165.

John Tinsley
Director Compandben Companies
Cambridge UK and Geneva Switzerland

www.compandben.com   
info@compandben.com

 



Read more

Looking for something specific?