BUSINESS COMPETITIVE
The UK offers a highly competitive tax regime that encourages investment. Most incoming companies, whether start-ups or established multinationals, are focused on securing the best talent at competitive wages. With salaries accounting for around 55% of total business costs and property a further 15%, both are prime considerations for any business.
In this section
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Labour Costs
In addition to paying staff salaries, employers are also required to pay National Insurance contributions and to contribute to workplace pensions.
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Property Costs
Edinburgh and the city region has a wide variety of office, industrial and retail units for sale or to let. The cost of commercial property depends on its function, quality and location.
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Business Taxes
You must be aware of what business taxes you will need to pay to HM Revenue & Customs (HMRC). Tax liability will depend on your business’ legal structure, turnover and business activities.
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Energy Costs
The supply of utilities in the UK is highly deregulated and the majority of services are provided by the private sector.
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