Blog #Finance

There are many US citizens who now live in the UK. Why? They are here for finding a better job, career, and lifestyle and to earn more. Some of them are also here for other purposes of life like higher studies, research, etc. These US citizens prefer to move to the UK as at this part of the world English is also the first language. Due to this reason, these people don’t have any problem when it comes to communication with others. Apart from this, the climatic condition and several other factors suit the US citizens and they have a better living in the UK. Living a good life and earning more money is good but at the same time, you also need to identify and adhere to your responsibilities as a UC citizen. You cannot just run away from them, if you are a true citizen to your country. One such responsibility is the expat tax that you need to pay now. For this, you can find immense US expat tax help UK online.

US Tax Advisor London

• Tax advisors are there to help you

When you are thinking about the US expat tax, you also need to make sure that you have the best people to help you. In this regard, the most professional and experienced US tax advisor London can bring the right kind of help that you are looking for.

• File the tax properly

As you are not a pro in this field, you also lack the skills, approach and knowledge that are needed for US expat tax preparation and filing. Taking help of such pro can make things look easier for you.

There are different rules and laws you can find when you delve deep into the US taxation system. In fact the taxation system of several countries in this world carries certain laws and rules. And as the citizen to a country, you have to follow them strictly. Especially, for those US citizens who are now living abroad and earning, the taxation system and related rules will remain same just like they are for those US residents who currently live in the US. These days, several US citizens prefer to move to the UK as they find better job opportunity and better lifestyle there. Here, they also don’t face the communication problem, as English is the first language in the UK. There are several other elements in the UK that favor these people while living here. So, for them it is also needed to offer enough attention to the US taxes for Americans abroad.

US Tax Returns

• Make the most of their online presence

When it comes to tax preparation, filing and payment, the whole process may appear as a critical one before you. As you are not an expert in this field, it’s always better to take help of the US tax returns services operating now. You can find these services across the globe. For those who live in the UK, finding such services is not a big deal, as most of them are now having an online presence.

• Preparing and filing tax properly is important

Tax preparation and filing is the most vital process. To accomplish this properly, you must take help of the leading tax advisors.

Understanding the taxation system of a country like US is something that can be very tough for those who are not experts in this business. There is a wide range of laws that have been implemented to make this taxation system rigorous enough. And things can be very tough for those US citizens who use to live abroad and they are still not showing a great interest to pay the tax in their home country. These people might come across serious legal actions, as the expat taxation laws have become very strict these days. The US congress has made these laws strict enough so that maximum tax can be collected from those US citizens who are now living and earning in foreign countries. US taxes for Americans abroad are something that you need to pay importance to if you are living and earning out of your home country.

US Tax Returns

• The leading tax advisor is all set to bring great help for you

It’s quite understandable that you feel it very tough to prepare and file the expat tax in US while living abroad. Well, then why not take help of the leading tax advisor and prepare the tax filing in the correct manner. These days, US tax returns help can also be availed online.

• Taking help of such a pro can bring great benefits for you

When you take help of such an expert to prepare and file the expat tax, you also remain in the beneficial zone. As you are the client, such a pro is always going to think in your favor!

A tax return is a very complicated process. As you are not the professional or expert in tax preparation and filing, you may not be able to determine even the right form that needs to be filled out. This is where the tax preparers located close to you can bring immense help to you. Preparing and filing the tax return in the right manner is very important. And when we are talking about the US tax returns, which is also a very complicated process, right kind of assistance is what you need for sure. Especially for those who use to live outside the US and not offering great importance to US tax return must go for such a tax advisor now. If you are located in the UK like many other US nationals, then the time has come to opt for a tax advisor in London who has several years of experience in helping people prepare and file the US taxes.

US Tax Returns

•    Expatriates need to offer great importance to this aspect

If you live outside of US and still you are not offering much importance to the taxes that you need to pay at your home country, then you might be doing a big mistake in life. In the recent time, US expat taxation system has become very robust and strict. After the US Congress has declared the new rules and laws related to the US tax returns system, it has become mandatory for you to pay the US taxes on your international income. 

•    You need to think about it now

Well, the fact is before you are not offering this aspect great importance but now you have to! The time has come to think about how you can prepare and file the US tax return.

Moving through and thoroughly understanding the tax codes of the US can be a really-really daunting task. And if you’re a US expat; then the information even gets more complex and more confusing. Everyone’s expat needs and circumstances are unique, and you really don’t need to sift through the multitude of pages for finding the information that is actually relevant to you.

In such a case, you need the help of a US Tax Advisor London who can guide you through the entire complicated procedure of taxation in the US and let you live a secure and simple life.

US Expat Tax Help UK

• Filing US Federal Tax Return Is Essential! If your worldwide incomes including salary, Interest, Dividends, and Rental Income exceed the amount of the filing threshold; then you must file a US Federal Tax Return every year.
• If you have made any mistake while filing the previous income tax; you can amend it with US Expat Tax Help UK using form 1040X.
• Most of the US expats are capable of offsetting all of their foreign earned income including Foreign Tax Credit, Foreign Earned Income Exclusion, and Foreign Housing Exclusion so that they won’t pay taxes twice for the same income.
• If your income goes beyond the Foreign Earned Income Exclusion (FEIE) or you are residing in a high-tax country; then the Foreign Tax Credit (FTC) allows you to offset or completely eradicate your tax liabilities in the US.
• To use the Foreign Earned Income Exclusion; a test called ‘Physical Presence Test’ requires proving that you are physically presented inside a foreign country for 330 days of any 365 days.

There are some countries in this world that have implemented taxation on the international income. In US, the same sort of rule is also followed. But the fact is US nationals who use to live now in UK or at other foreign countries are not offering a great importance to this type of taxation system. This might be a big reason why the congress has passed some strict rules to wake up those tax payers who are now living in UK and other foreign countries. As per these rules, if you miss to pay the taxes to your home country in time, then you may come across legal actions. So, you need to offer a great importance to US taxes for Americans living abroad now in case you are living outside of your country and earning.

US tax advisor London

• Become a loyal tax payer

When you become a reliable tax payer, you also become a loyal citizen to your country! No matter why you are living in UK, if you are there and earning, then always take help of the best US tax advisor London and get the right kind of assistance that you exactly need when you are looking forward to prepare and file the taxes. These are some challenging jobs and only the professional tax advisor can help you complete such works properly.

• It’s the experience that counts

Well, the professional US tax advisor London that you are going to hire further is also an experienced campaigner in this business. Such a pro has already assisted clients with the same sort of work. So, it’s the experience of the pro that counts when it comes to prepare and file the taxes properly and accurately.