To clarify - the Directors of the UK based business are NOT the individuals for whom I am completing the 18/19 Income Tax Returns. Other than an arms length business relationship, there are no other "links" between the two sets of individuals.
Apologies - it was not made clear. As regards the place where these commissions are generated, the ultimate customers are in Africa although frequents visits are made by my clients to both the UK & other countries to negotiate deals etc.
New Spanish Co will merely be a 'Paper Co' - it will "receive" the invoice from Spanish Manufacturer and re-invoice our UK client together will a very small mark-up !
I agree we need to tread carefully but due to licensing restrictions - the existing Span Manuf cannot be seen to be invoicing a UK business - unable at this stage to see any other way round the issue !
My answers
To clarify - the Directors of the UK based business are NOT the individuals for whom I am completing the 18/19 Income Tax Returns. Other than an arms length business relationship, there are no other "links" between the two sets of individuals.
Apologies - it was not made clear. As regards the place where these commissions are generated, the ultimate customers are in Africa although frequents visits are made by my clients to both the UK & other countries to negotiate deals etc.
The whole problem arises due to the fact that the Spanish Manufacturer IS UNABLE , due to contract issues to invoice another UK customer ie my client.
Any further thoughts on how to resolve this would be appreciated !
Spanish Company
New Spanish Co will merely be a 'Paper Co' - it will "receive" the invoice from Spanish Manufacturer and re-invoice our UK client together will a very small mark-up !
I agree we need to tread carefully but due to licensing restrictions - the existing Span Manuf cannot be seen to be invoicing a UK business - unable at this stage to see any other way round the issue !