Johnston Carmichael is amongst the top 20 business advisory and accountancy firms in the UK. With 900 sharp minds across 14 locations nationwide the business delivers specialist food and drink sector insight and expertise. As a member firm of Moore Global, they are also connected to a community of more than 30,000 people in 110 countries worldwide, helping clients on their international journey and expansion into new markets.

Led by Adam Hardie, the Food & Drink sector team work with over 500 Food and Drink producers across the UK, on a wide range of services including international tax, other specialist tax, outsourced finance, digital advisory/transformation, audit, corporate finance, consulting, restructuring and business advisory. Their specialist knowledge of food and drink has been developed over the years through working with businesses of all sizes operating across the sector. 

Whilst we know that the FDEA members are focussed on expanding their business internationally, they should not forget about the international tax risks and opportunities that arise as they grow globally. The Johnston Carmichael team can support you and your business as you expand internationally and help you with the following types of challenges: 

 I have some team members based overseas, but still employed by my UK company, how do I manage the employment tax obligations associated with this arrangement? 

• If I have inventory or a warehouse in another country, does that mean I have a corporate tax presence there? 
• Does having a local sales agent in another country lead to a requirement to register for corporate tax or VAT there? 
• Should I set up a Branch or a Subsidiary company when expanding to a new market – is there a way to avoid paying tax in two countries on the same profits?  
• How do I repatriate earnings made in another country back to UK in a tax efficient way? 
• Can you introduce me to a local tax advisor in another country to assist me with tax compliance there? 
• How can I manage customs and VAT obligations relating to my EU business now that the UK has left the EU? 

Get in touch with the team today – foodanddrink@jcca.co.uk – to discuss what stage your business is at in its growth journey and explore how Johnston Carmichael can support you.