You are going to be required to file US tax returns no matter which country you reside in, but how will they be affected if you have chosen to live in the UK?
With its melting pot of nationalities, English Speaking culture as well as long standing position as a world power, the UK is an admired alternative for Americans expatriates as a host country. It is important to comprehend how US Expat tax help UK are going to transform with your move to the UK, and what US expat taxes you will be required to pay to your host country while living this.
US Expat taxes in the United Kingdom
If you are a citizen or else permanent resident of the United States, then you are obligated to file the US expat taxes with the US Federal government each year no matter the country in which country you live.
In addition to the customary income tax return, you could also be required to file an informational return on your assets held in overseas bank accounts.
While the US one of the only some governments that tax the international income of their citizens as well as permanent residents who resides overseas. It does have special provisions to assist protect them from double taxation.
With proper planning as well as quality tax preparation, you should be able to take advantages of these as well as other strategies to minimize or else even eliminate your tax bill. And also note that you still need to file even if you know you will owe no US expat taxes. If you want more help with US tax return filing, consider hiring US Global Taxes.