As one deadline passes, another approaches at least that is the case for American citizens living in the UK. Just as you exhale after the US deadline, it’s time to begin considering end of tax year planning for your UK tax affairs before 5th April. We’ve put together a non-exhaustive […]
“What do you think is going to happen to Capital Gains Tax?” This is currently the first item on the agenda in every client meeting. The second item, “And what should I do?” Something which is top of mind for all clients, becomes even more complicated for US citizens living […]
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 […]
What does the UK and US mortgage process look like? Both the UK and the US operate under a highly regulated system with a broadly similar approach in relation to the assessment of an individual or entity looking to acquire residential real estate. Professional advice and guidance should be sought […]
Embarking on a life lived outside of your home country is an enormous undertaking. From applying for visas to moving and settling in, there are many things to be considered. As an American, moving abroad gives rise to a unique set of challenges by having to file a US tax […]
For Americans living in the UK, financial planning and wealth management is complex. It affects everything from income and capital gains, to pension saving and gifting, and it must consider different regulations, tax calendars and currencies. Robert Paul, Head of the US Family Office, explains five things that Americans in […]
Philanthropy is a well-known part of US culture. For US citizens living abroad, charitable giving has a number of pitfalls that require careful consideration and planning. For many Americans, charitable giving forms part of their way of life. Whether it is through regular donations to their alma mater or funding […]
If you’re a UK non-domicile person who has been living in the UK for the long term, time is running out to ensure any non-UK affairs are in order. Following a change to legislation in late 2017, anyone who has lived in the UK for 15 out of 20 years […]
Another US tax year may have come to a close, but for Americans living in the UK this means it is time to put things in order for 5 April. As we approach the end of the UK tax year, here are four things Americans in the UK need to […]