2017/18 UK year–end tax planning for US individuals.

As we draw to the close of the current UK tax year, Buzzacott’s Expatriate Tax Services team have pulled together the key tax points that US individuals should consider.

Most US citizens and long-term residents (green card holders) are subject to tax in both the US and the UK. Year-end tax planning is therefore something that has to be considered twice, in the battle to minimise global taxes.

In most cases, UK tax is higher than the equivalent US rate, but that is not always the case and so it is always worth taking specific advice before taking any action. Notwithstanding that, some things that are sensible for UK taxpayers are less appealing for a US taxpayer.

For the complete guide on UK tax year–end planning, please click here.

US clients and contacts will have received a tax planning memorandum in December with a reminder of what should be considered before the end of the US tax year, while the deadline has now passed it will prove useful for next year. If you did not receive that, please see here.

How we can help

Buzzacott's 50-strong Expatriate Tax Services team of dual-qualified US and UK tax advisors can guide you in making decisions that work in both the short- and long-term, while avoiding pitfalls and unexpected consequences.

For further guidance and advice tailored to your situation, please speak to your usual Buzzacott contact or:

Martin Scullion


Expatriate Tax Services    

T | +44 (0)20 7556 1207

E | scullionm@buzzacott.co.uk

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We know how both tax systems work from the inside, out. Talk to us about how best to manage your income, reduce liability and pay the correct local tax. We’ve had the pleasure of supporting many internationally mobile workers through pivotal stages in their lives from our London office while on the other side of the world our Hong Kong team looks after US and UK nationals living across Southeast Asia. 

Help with UK tax

  • UK tax advice
  • US tax returns for UK-residing American citizens
  • UK tax returns for non-UK residents with UK source income
  • UK tax advice about UK statutory residency rules
  • Pre-departure or arrival planning, including assignment structuring
  • Inheritance tax advice