UPDATES
US and UK tax laws are constantly being updated. We believe that clients should always be aware of changes that may affect them. We have therefore written a number of articles based on current legislation which may be of interest. This information should not be taken as full comprehensive advice and we highly recommend that you contact a PJD tax representative for more information.
UK Taxation of US Pensions (for non-US citizens and residents)
This note (briefly) covers the tax situation of a UK resident who receives US pension income. This deals with non-US taxpayers and therefore, if you are a US citizen or resident, this is not for you.
Social Security Pensions – International
This note attempts to provide basic guidance on the availability of social security pensions and associated international issues.
Residence and Domicile
This is a brief and simplified interpretation of the rules to determine UK residence and domicile status.
Tax Treaties – The Basics
Tax treates allow individuals avoid double taxation on foreign sources of income. Read on to find out more about how and when they are applied…
Do I need to file Form 8938?
Some US taxpayers may be required to file Form 8938 if certain criteria and thresholds are met. Read on to find out more…
NEW TAPERED PENSION ALLOWANCE
Pension contribution allowances have been updated from 6th April 2020. Read on to find out more…
MISSED THE UK TAX RETURN FILING DEADLINE?
Worried about the consequences? You’re not the only one, however it is advisable to submit your Tax Return as soon as possible as HMRC can enforce large penalties the longer it remains unfiled and/or your tax liability is not paid.
COVID-19 Risk Assessment
Assessment completed by: Michele Pizzey, Director – michele@pjdtax.co.uk Date last updated: 29 June 2020 Date of next scheduled review: Ongoing – for 6th July opening to update actions Risk title Description & consequence Mitigation 1. Spread of COVID-19 in the firm This will result in multiple individuals becoming infected and possibly seriously or fatally ill […]
Can I Transfer Money to the UK?
Do you have money sitting in an offshore bank account and are you unsure if this can be transferred to the UK tax free? Find out if it can….
The beginners guide to US Taxation of Foreign Business Owners
US taxpayers need to be careful to avoid excessive tax charges when setting up a business outside of the US. Read on to find out more about these and the best way to minimize your exposure.