We say tom-ah-to and they say tom-ay-to. We ask for the bill and pay with a cheque. They ask for the check and pay with a bill. We tax on the basis of domicile and residence and they tax on the basis of citizenship. Anyone who has family, property or trust connections with both the US and the UK needs to understand how this affects their tax position and what reporting obligations they have in both countries.
We work with selected US lawyers and accountants or with your own advisors to help and advise on issues including:
If you wish to speak to a member of our team and discuss how we can be of further assistance to you, please contact us on info@nqpltd.com.