Our Services
Find out more about:
| US & UK International Tax | US Gift and Estate & UK Inheritance Tax | Property and Capital Gains Tax | US and UK Tax Return Service |
We provides specialist advice for individuals and families in this situation to ensure that their positions are aligned in both jurisdictions and that they are not suffering double tax.
We can also provide advice should a US person decide that they wish to expatriate and working with their immigration attorney, can help to assess the tax consequences for doing so and file the relevant forms with the IRS.
For other, non-US foreign nationals living in the UK, your residence and domicile position can heavily affect your UK tax liability and we provide bespoke advice in this area to ensure that your position is optimised.
The UK is one of the few jurisdictions that has an Estate Tax Treaty with the US and utilising this correctly is essential in making sure that wealth passes efficiently to the next generation. We can conduct a review of your position and make recommendations, often working alongside specialist US and/or UK tax lawyers depending on complexity to give you the peace of mind that you need.
For other, non-US foreign nationals living in the UK, your domicile position will heavily affect your exposure to UK Inheritance Tax. We can conduct a review of your position and make recommendations, working with advisers in your home jurisdiction to ensure alignment between the regimes in your home country and the UK so that your wealth passes to the next generation in the way that you want it to.
For Americans living in the UK, we can help you plan for and understand the US and UK tax consequences of selling a main home taking into account the differing rules in each jurisdiction as well as foreign currency issues.
We can also provide advice around the tax consequences of owning and selling foreign investments. Both the US and the UK have punitive tax regimes upon sale for holders of certain types of non-US and non-UK investments respectively, so it is important to review your position to ensure alignment between both jurisdictions.
UK Tax
UK Self Assessment returns (SA100) and Capital Gains Tax returns for the sale of real property returns (NOTE these are due 30 days after completion of sale).
US Tax
US Individual Income Tax Returns (Form 1040 or 1040NR), State tax returns as well as other information returns such as Foreign Bank Account Reports (FBARS) Form 8938, Form 5471, Form 3520/3520-A, Form 8621, Form 8858 and others.
US Delinquent filers
Where you may have not filed US returns for a number of years, we specialise in helping clients catch up with their affairs using one of the IRS official disclosure programs and have helped many clients successfully re-enter the system with minimal or no penalties to pay
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Find Out More
Contact us for a no-obligation consultation with our team of experts. Either fill in the form or contact us using:
- +44 (0) 204 548 0870
- info@arcostax.com
- The Stanley Building, 7 Pancras Square, London, N1C 4AG, United Kingdom
