Daily Archives: July 11, 2025

Charles Russell Speechlys | Expert Insights: So the UK tax rules have changed: what does this mean for US people?

The UK’s tax landscape has undergone a seismic shift—and if you’re a US citizen with ties to the UK, these changes could have a significant impact on your financial planning. From the abolition of the remittance basis to a new four-year tax exemption for newcomers, the rules have been rewritten, and the implications are far-reaching.

In this detailed analysis, Charles Russell Speechlys breaks down what the new UK tax regime means for US persons, especially those navigating trusts, inheritance tax, and cross-border estate planning. With the concept of “domicile” replaced by “long-term residence” as the key factor for inheritance tax exposure, understanding your status has never been more critical.

Charles Russell Speechlys | Expert Insights: UK tax considerations for US persons relocating to the UK

As more US individuals explore a move across the Atlantic, the UK continues to attract with its global business hub status, top-tier education, and lifestyle appeal. But beneath the surface lies a complex web of tax considerations that can catch even the savviest expats off guard.

In this insightful piece, Charles Russell Speechlys unpacks the critical UK tax implications for US persons relocating to the UK—from Stamp Duty Land Tax and capital gains to inheritance planning and the remittance basis. Whether you’re buying property, managing trusts, or planning your estate, this article is a must-read for navigating the transatlantic tax maze with confidence.