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UK tax year end planning 2019/20

As we draw to the close of the current UK tax year, our Expatriate Tax Services team has pulled together the key tax points that US individuals living in the UK should consider.

Last updated: 3 February 2020

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

UK tax is usually 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.

Read more:

About the author

Martin Scullion

+44 (0)20 7556 1207
scullionm@buzzacott.co.uk
LinkedIn

Last updated: 3 February 2020

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

UK tax is usually 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.

Read more:

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We recommend that individuals seek professional advice where appropriate before taking any action, so please fill out the form below if you have any questions.

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