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US Citizens in the UK

Are You American Citizen (or Green Card Holder) Living outside the USA?

Posted by edaprof

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If you have answered yes to our poll, you may be required to prepare a US Federal Tax Return with the IRS. US tax law states that a US Citizen must declare worldwide income no matter where he or she lives around the world.

EDA Professional Services is a Scottish based accountancy firm that can assist US Citizens with their filing requirements.  We can also help even if you are not based in the UK.

Currently Scotland has different levels of taxation than the rest of the UK.  This means that you can end up paying more tax in Scotland (the higher rate threshold did not increase in Scotland meaning that the 40% rate comes at a smaller level).  As there is no tax treaty with the US and Scotland it may mean that you cannot claim any additional taxes you pay in Scotland as a Foreign Tax Credit on your US Return.

Depending on the level of taxes that may be due to the IRS, you may be required to prepare up to four years tax returns – even if there is no balance due.

If you are a US citizen living in the UK and would like to discuss this, please do not hesitate to contact us at info@edaprof.co.uk. We look forward to hearing from you.

Please note that though this blog specifies the UK where Americans are living, it can also refer to other countries around the world.  The United States has primary taxing rights over (more or less) every country.

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Tagged Accountants, Accountants in Glasgow, Americans in Scotland, Americans in the UK, Americans in the United Kingdom, Awareness of US Taxes, Born in the USA, Department of the Treasury, EDA Professional Services, Independence, Internal Revenue Service, IRS, Living abroad, Non-resident, personal tax return, Savings, Scotland, Scottish Independence, Scottish Tax, Tax Advice, Tax Blog, Tax Filing Obligations for Amercian Citizens, Tax Penalties, Tax Return, Tax Return Preparation, Tax Returns, Taxation of US Citizens, Taxes, Taxes in Scotland, Taxes in the UK, UK, US Citizens in the UK, US Citizens living in Scotland, US Tax Filing, US tax filing system, US Tax Regime, US Tax Returns, US Taxes, US Treasury

Jul·24

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US Tax Return Preparation for US Citizens based in the United Kingdom - contact us at info@edaprof.co.uk for a quote.

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