Knowledge

From 6 April 2027, certain taxable benefits in kind will need to be reported through payroll in real time rather than being reported annually on Form P11D.

US tax due diligence helps buyers and sellers identify, quantify and manage tax risks during acquisitions. Understanding complex federal, state and local tax rules, historic liabilities and business structures enables informed decisions, protects deal value and ensures tax findings shape transaction planning from the outset.

Non-UK resident directors can create unexpected UK employment tax and National Insurance liabilities. PAYE withholding, reporting obligations, social security rules and the treatment of expenses can all affect a company’s compliance position, even where directors live and pay tax overseas.

Cross-border equity compensation can create significant and unexpected tax liabilities. The treatment of RSUs, restricted shares, growth shares and stock options differs between the US and UK, with timing, valuations, elections and where work is performed all potentially affecting the final tax position.

With National Minimum Wage enforcement intensifying, employers should review their pay practices and working arrangements to identify potential underpayments, particularly around uniforms, salary sacrifice, additional hours and irregular pay.

With the 22 October 2026 PAYE Settlement Agreement (PSA) payment deadline fast approaching, employers should now be reviewing all benefits, gifts and expenses provided to employees during the 2025/26 tax year.

Remote workers can create a permanent establishment and tax obligations for their employer, particularly when working overseas on a long-term basis or holding senior, sales or client-facing roles, making it important for employers to assess and manage the associated risks.

Remote and internationally mobile working arrangements have become increasingly common. While these arrangements can provide greater flexibility for both employers and employees, they can also create complex payroll, tax, social security, and compliance obligations across multiple jurisdictions.

IR35 remains a significant tax risk for UK businesses, with common compliance issues around contractor status, company size, supply chains and overseas workers potentially leading to substantial PAYE and NIC liabilities.

When overseas employees visit the UK for meetings, training, client engagements, or project work, tax compliance is rarely front of mind. However, HMRC's rules are often far stricter than employers expect.

Wealth creation is only half the challenge. For many successful families, the harder question is what happens next.

Navigating Form 3520/3520-A Filings for UK SIPPs: An Essential Read for US-UK Taxpayers with UK SIPPs.

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In a Budget of broad tax reform, one thing remains certain: tax complexity is here to stay. On 26 November 2025, Chancellor Rachel Reeves delivered her seco...

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As families are settling into the new academic year, many are revisiting their education savings strategies. For UK residents with US ties, the American 529...

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The landscape of tax reporting in the UK is evolving. Starting from April 2026, the introduction of Making Tax Digital for Income Tax Self-Assessment (MTD fo...

On 22 May 2025, the US House of Representatives narrowly passed a $3.8 trillion tax bill known as the "One Big, Beautiful Bill Act" that includes proposed Se...

Recently, the House Ways & Means Committee released the details of ‘The One, Big, Beautiful Bill’, a piece of proposed legislation that President Trump has b...

The 2018 Tax Cuts and Jobs Act (TCJA) introduced retroactive Controlled Foreign Corporation (CFC) attribution rules that resulted in some unintended conseque...