Knowledge Base.

Read our articles to keep up to date with the latest legislation, which will help you save tax.

Why do you need a contract of employment?

Why do you need a contract of employment? So, why do you need a contract of employment?  If you are employing staff, you will hopefully know that you need to issue your employees with a contract of employment. Now firstly let’s get our terminology right here. The Employment Rights Act 1996 (ERA) requires us to […]

US and UK Tax Treaties

The frequently asked questions about US and UK tax treaties “What are the basics of US and UK tax treaties?” “Why do US and UK tax treaties exist?” “What are the benefits of US and UK tax treaties?” “What are the main treaties?” “How do I avoid double taxation in the US and UK?” “What […]

Americans living and paying tax in the UK

The frequently asked questions about Americans living and paying tax in the UK As tax accountants, we are regularly asked about Americans living and paying tax in the UK. We will look to answer the below questions in this Article. “Are you an American paying too much tax in the UK?” “Why do Americans pay […]

Applying for an Individual Tax Identification Number (ITIN)

An ITIN is similar to the UK equivalent of a Unique Tax Reference (UTR) code from HMRC. An ITIN is unique to the individual in question. An ITIN is a nine-digit code and once obtained it must be kept safe to prevent any risks of fraud.

How does a 1031 exchange help British investors mitigate FIRPTA in the US?

The Foreign Investment in Real Property Tax Act of 1980 (FIRPTA) allows the U.S. government to tax a foreign person who is also a non-resident alien selling real property interests in America. This also includes sales of parcel interests.

US VISA options for British travellers

There are 185 different types of US Visa that fall into two main categories. The non-immigrant US visa for temporary stays to include purposes such as business, study, work, tourism, family visits or transit.

British investors buying an investment property in the USA

As UK/US ex-pat tax experts, we know that buying an investment property in the USA can be a daunting prospect. This certainly applies to many of our clients looking to buy one or more properties as investments. The first and foremost question that many of our clients ask is ‘Can foreigners buy investment property in […]

When do British investors pay Capital Gains Tax in the United States?

Capital gains tax in the United States payable to The IRS is a tax applied to the profits made from the sale of an asset. Capital gains tax is only payable once the asset has been sold. The level of capital gains tax paid depends on different factors, including income level, marital status, income tax […]

Book a call to see how we can help you.