W-8 BEN Form UK For British people to minimise US tax withholding June 28, 2024

The W-8BEN form is a crucial document for British individuals earning income in the US, as it allows them to declare their non-US status and claim tax treaty benefits. By accurately completing the W-8BEN, UK taxpayers can potentially reduce or eliminate US withholding taxes on income such as dividends, royalties, or services performed in the US. It requires providing personal details, certifying foreign tax status, and specifying the type of income for which treaty benefits are sought, ensuring compliance with US tax laws while optimizing tax liabilities for British taxpayers.