British Expatriate Network

Full Version: US Tax Return - Help/Advice
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Guys

As some of you know I moved back from the US to the UK at the beginning of March but for the first 2 months was working and paying taxes, plus in this tax year I have sold some shares (for a decent profit) and also will have received about $2K in interest income.........

My questions are do I need to complete a tax return (I assume yes) and where can I get the forms from and what happens if I owe them money (as I suspect) - how will they collect it ?

And what would happen to me if I 'forgot' to fill it in wink
Arn't you taxed in the UK, worldwide as you were in the US, paying taxes to the country you reside in in.
Ameriscot knows these things
I have up until now kept my tax affairs very separate as I knew where the taxes would end up, so am not overly keen to start now and as a 40% taxpayer in the UK this would take a nasty chunk out of my interest and there would no doubt be some capital gains to pay too........
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