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 […]