UK Tax Planning for Non-Domiciled US Citizens
UK tax legislation has become considerably more complex in recent years. With the continuous changes in legislation, we help ensure you are fully aware of the potential impact on both your UK and US tax positions.
We also help you plan for upcoming changes in your tax position, including planning for tax-efficient remittances to the UK, becoming deemed domicile for inheritance tax purposes, preparing for retirement and tax planning relating to pensions across multiple jurisdictions and how this interacts with your US tax position to minimise your overall tax costs.
Our services include:
- UK residence planning
- Remittance planning
- Structuring accounts and investment portfolios
- Taxation of offshore pension schemes including IPPs
- Taxation of overseas investments, including mutual funds, ETFs, LLCs, S-Corps and investment partnerships
- Planning around treatment of interests in offshore structures, including trusts
- Availability of UK Investment relief
- Tax consequences of financial arrangements relating to divorce
Our team also has a broad range of experience dealing with HMRC investigations and enquiries to bring individuals’ UK tax obligations up-to-date, minimising interest and penalties where possible.