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Cake day: November 26th, 2023

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  • rhebdon@alien.topBtoExpatsUS to UK taxes
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    1 year ago

    Hi, when you file your US taxes you will enter your taxes paid in the UK and not be double taxed. As someone else mentioned, tax in the UK tends to be higher so you shouldn’t end up owing more to the IRS.

    If you are married there’s no equivalent of joint filing in the UK and that can make a huge difference.

    There are definitely some things to be aware of if you have investments over there or take on a mortgage. The IRS for sees the exchange rate movement on a UK mortgage as a gain or loss when you pay it off as an example. Definitely get some professional advice if you start getting into pensions, investments, and buying property.