Would you retire in the UK?
Nov 11th 2014, 9:58 pm
#76
Forum Regular
Joined: Jun 2012
Location: Devon
Posts: 175
Re: Would you retire in the UK?
Sorry, your understanding of your taxes is a little lacking. If you fall below taxable thresholds this might all be semantics, but you are definitely not filing your US or UK taxes correctly according to IRS and HMRC rules and how they are modified by the treaty.
If you fall below filing thresholds then there is no issue, but to correctly assess the thresholds in the US and the UK you need to correctly attribute taxable income to either the US or the UK and I don't think you or you CPA is doing that.
If you fall below filing thresholds then there is no issue, but to correctly assess the thresholds in the US and the UK you need to correctly attribute taxable income to either the US or the UK and I don't think you or you CPA is doing that.
Nov 11th 2014, 11:40 pm
#77
BE Forum Addict
Joined: Aug 2004
Posts: 4,754
Re: Would you retire in the UK?
Don't worry too much about things; the amounts sound quite small....as long as you don't have any other income or investment gains....but try to get things done properly.
