Boris Johnson has made a commitment to provide £25bn for NHS England, approximately £5bn for healthcare in the devolved nations and £5.3bn for social care. To raise these revenues, two taxes are being raised: National Insurance (NIC) – National Insurance contributions will be going up by 1.25% for individuals both […]
What are the changes? At the end of April, President Biden announced the American Families Plan as “an investment in our kids, our families and our economic future”. The 10-year plan to increase support for American families is estimated to cost $1.8 trillion. Predominantly targeting education, childcare, healthcare, the aim […]
Losing a loved one is distressing for anyone, but for many Americans living in the UK, it can create additional challenges. Ordinarily you have to liaise with medical staff, banks, and lawyers but it doesn’t end there if an American is involved. We have highlighted some of the issues when […]
Jenny Judd speaks to Simon Gardiner, Senior Private Banker at Weatherbys, about the complexities of opening a UK bank account as an American and how his team at Weatherbys can help. When working or living abroad for a prolonged period, a key aspect is having a reliable financial services partner. […]
Within courtroom dramas the splitting of the financial assets can be overplayed because it is so often perceived as esoteric. The reality of course is far from the TV scripts; the splitting of financial assets are one section of a multi-faceted agreement, the part it plays is unique to each […]
Selling a property in the UK In the UK, individuals benefit from Principal Private Residence (PPR) relief. This allows individuals to sell their main home and pay no capital gains tax, assuming a few conditions on occupation are met. Unfortunately, the Americans amongst us have another set of rules to […]
Jenny: If you are considering a divorce, what are the initial steps to take? Grainne: Ask your friends and family for support. Coming to terms with the end of a marriage is an emotionally draining process. It is beneficial to have a network to help you through it, even if […]
With surrogacy increasing in popularity for couples who wish to start a family, many UK intended parents are choosing to embark on their surrogacy journey in the US. There are many benefits to choosing the US. In many states, such as California, commercial surrogacy is legal and has a codified […]
When our lives are full and there are not enough hours in the day, reviewing finances can often be the last thing on the agenda. We have so many things to focus our energy on, whether that’s our career, our home, our children, caring for parents, charitable work or simply […]