How to avoid double taxation and UK inheritance tax? Xavier Nicholas answers reader question in the FT
Head of Private Client, Xavier Nicholas, answers a reader in the Financial Times who asked how, as US citizens moving to the UK, he and his family could avoid the traps of double taxation and manage exposure to UK inheritance tax.
In his reply, Xavier explains the importance of getting advice before moving, highlights the impact of US worldwide taxation, and draws attention to some of the potential mismatches between the US and UK tax regimes.
The question and answer are available to view here (behind a paywall).