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Posted Thu, 23 Nov 2023 19:15:56 GMT by
Hi, I have an UK ltd company but i cary 70% of work in Denmark and pay labour taxes 30% and 8% on my profits can you please guide me how can i reclaim through the company so I will not pay corporation tax on those profits. Thanks
Posted Wed, 29 Nov 2023 16:05:09 GMT by HMRC Admin 20 Response
Hi Indre Sim,
A company resident in the UK is generally liable to corporation tax on its worldwide income.
Any trading activities that are conducted through the limited company will be within the charge to UK tax.
In respect of tax  deducted in Denmark the conditions of exemption or relief can be found in the relevant Double Taxation treaty.
Further information can be found in HMRC'S international manual.
 INTM167000 - UK residents with foreign income or gains: corporation tax
Thank you.

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