British Expats - Quick tax questions

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Jensmate

Apr 10th 2018 4:24 am

Quick tax questions

Having recently moved back to the UK from the US, I'm going to be living with a foot in both countries for a year.
Which form must be filed with the IRS to prevent the UK collecting taxes on my US retirement income?
How long must I stay in the UK yearly to be considered a resident?
Thank you.

theOAP

Apr 10th 2018 7:10 am

Re: Quick tax questions

Quote:

Originally Posted by Jensmate (Post 12479335)

Having recently moved back to the UK.......
How long must I stay in the UK yearly to be considered a resident?
Thank you.

The short answer:
https://home.kpmg.com/content/dam/kp...-flowchart.pdf

The long, more detailed answer:
https://assets.publishing.service.go...nal_078500.pdf

In other words, it depends on your individual circumstances.

Benson55

Apr 16th 2018 9:39 am

Re: Quick tax questions

The UK is 181 days a year.

durham_lad

Apr 16th 2018 9:48 am

Re: Quick tax questions

Quote:

Originally Posted by Benson55 (Post 12482938)

The UK is 181 days a year.

I think you mean 183 days. See the post immediately above yours.

Benson55

Apr 16th 2018 9:55 am

Re: Quick tax questions

Sorry I meant to type 183.

durham_lad

Apr 17th 2018 2:27 am

Re: Quick tax questions

Quote:

Originally Posted by Jensmate (Post 12479335)

There is no form that I am aware of that you file with the IRS to stop HMRC collecting taxes on your US retirement income. HMRC has no means to collect payments on a US retirement account, you must declare payments or distributions from a US retirement account on a self assessment and then pay any taxes due to HMRC. (This is assuming that you are UK resident. Note also that distributions from a US retirement account are not always HMRC taxable, for example Roth retirement account distributions are tax free in both countries.)

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