Double taxation
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Double taxation
I hold US/UK dual nationality and intend to move back to the UK for good after living here in the US for 20 years. I have a rental property in the US and will also rent out my current residence and probably sell both some time in the future but want to keep them for an investment.
What is my best option for paying the least amount of income tax?
I'm thinking I will probably have to pay tax over $100,000 that I would earn in the UK and also earnings from the rental properties which I can offset against my UK taxes but I'm not sure.
Thanks.
What is my best option for paying the least amount of income tax?
I'm thinking I will probably have to pay tax over $100,000 that I would earn in the UK and also earnings from the rental properties which I can offset against my UK taxes but I'm not sure.
Thanks.