As an American citizen, whether you have received income from America or not you will be required to submit an American tax return to report your foreign income such as your UK salary or dividend as well as your foreign assets.
Fortunately there are minimum earning requirements to avoid paying taxes twice.
There are 9 million expats living abroad and only 2 million file a return each year. Unless you know you need to file a return, why would you? Fortunately for US citizens that are three or more years behind they can catch-up through an amnesty programme known as the Stream line procedure.
Whilst we don’t offer this service, many of our clients are US citizens so we are able to refer our clients on through our US partnership.
Convenience and care are our core strengths. By focusing our services around these principles we have developed long lasting relationships with our clients. See below for how.
We want our clients to have choice and so we use all the major accounting packages to help them work with the best solution for their business.
We want our clients to be stress free, so we meet at their premises, respond promptly to queries and accept calls out of normal working hours.
We want our clients to receive a technical service, so all our work is signed off by either a qualified accountant, chartered tax adviser or tax specialist.
Most importantly, we take interest in our clients as we love what we do. We encourage regular and open discussions to avoid focusing on standard compliance and spend more time discussing development of their businesses.
The European Champ
Neither of us have much time these days running the business together (mainly because Rach is a new client generating machine) But as I ...