Resources
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.
GIFTS AND INHERITANCES: HOW THE UK AND US RULES INTERACT
The basic tax concepts around gifting for UK and US tax purposes…
UK AND US PENSIONS FOR US TAXPAYERS
A brief summary of tax planning opportunities for US taxpayers with regards to their UK and US based pensions.
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….
End of Year Tax Planning
A quick checklist for UK taxpayers for the end of the year to optimise allowances and tax reliefs available…
Claiming NIIT as a Foreign Tax Credit
The Net Investment Income Tax charge is now available as a credit against the UK tax liability arising on US dividend income, US rental profits and capital gains from US real estate. Read on to find out more…
Crossing Borders: Defining a ‘Workday’ for UK and US Tax Purposes
What is a workday under UK and US tax law?! Read on to find out the definitions and why are they are relevant for tax purposes.
Making Tax Digital (MTD) for Income Tax
All you need to know about HMRC’s new tax reporting initiative…
Over-Contributing to your Pension
This article discusses the tax implications of contributing more into your pension than your available allowances from a UK and US perspective with a few planning opportunities available…
UK CAPITAL GAINS TAX
This article briefly explains the calculation of UK capital gains tax.
Residence and Domicile
This is a brief and simplified interpretation of the rules to determine UK residence and domicile status.