UK-US TAX ADVISORS NEWS & UPDATES
From headline-making Budget announcements to government tax reforms and worldwide events, we address the key financial issues and emerging trends, weighing up their potential implications for US citizens in the UK, UK residents with US tax obligations, and cross-border businesses, alongside sharing our in-depth industry knowledge, people updates and company news.
Stay informed about the latest US-UK tax developments and compliance requirements.
Missed FBAR Filings for Accidental Americans in the UK
Never filed an FBAR? A specialist guide for accidental Americans in the UK: which UK accounts count, what FATCA reveals, and the routes that still work.
Missed US Tax Returns: FEIE or Foreign Tax Credit?
Choosing between Form 2555 and Form 1116 on missed US tax returns is not the ordinary comparison. Election windows, carryovers and sequencing all change.
IRS Streamlined Filing Experts in London for US Founders
US founders in London face Form 5471, share issues and GBP translation inside a Streamlined submission. What specialist Streamlined filing work involves.
Offshore Disclosure Options for US Investors in the UK Compared
A side-by-side comparison of the offshore disclosure options open to a US investor resident in the UK, on both the IRS side and the HMRC side, updated for 2026.
Offshore Disclosure for High-Net-Worth Americans in the UK
How high-net-worth Americans in the UK resolve unreported accounts, funds and company interests: the IRS routes still open in 2026, penalty exposure and HMRC.
Form 5471 Late Filing Penalties for US Founders of UK Companies
Form 5471 late filing penalties hit US founders of UK companies at $10,000 per company per year, rising to $60,000, even when no US tax was ever due at all.
Missed US Tax Returns: Form 2555 or 1116 on Late Filings
Catching up on missed US tax returns from the UK: when Form 2555 is still available, when Form 1116 is stronger, and how the choice binds later years.
UK Premium Bonds US Tax: Missed Reporting on a US Return
NS&I Premium Bond prizes are tax-free in the UK but not for US persons. Here is how the holding reports on FBAR and Form 8938, and how to catch up now.
Form 14654: Certifying a Streamlined Domestic Filing
How Form 14654 actually works: what the certification asserts, what the statement of facts must contain, how the 5% penalty is built, and the defects to avoid.
Amended FBAR: Correcting a Filed FinCEN Form 114
How to correct a FinCEN Form 114 you have already filed: the amendment indicator, the prior report BSA identifier, UK account traps, and the risk calculus.
US-UK Tax Insights — FAQs
What do the US-UK Tax Advisors insights cover?
Our insights explain US-UK cross-border tax developments in plain English — UK Budget and HMRC changes, IRS updates, FATCA and FBAR reporting, the US-UK double taxation treaty, and planning points for US citizens in the UK, UK residents with US ties, and international businesses.
How often are new insights published?
We publish new articles regularly, and always around major fiscal events such as the UK Budget, Autumn and Spring Statements, and significant IRS or HMRC announcements. The listing is sorted by publication date so the latest cross-border tax updates appear first.
Who writes the articles?
Articles are written and reviewed by the US-UK Tax Advisors cross-border tax team — specialists in US and UK taxation, IRS and HMRC compliance, FATCA/FBAR reporting and double-taxation treaty planning. Content is kept current as legislation and thresholds change.
Is the information a substitute for personal tax advice?
Written & reviewed by the US-UK Tax Advisors cross-border tax team — chartered specialists in US and UK taxation, IRS and HMRC compliance, FATCA/FBAR reporting and double-taxation treaty planning.
Last reviewed: July 2026. This page is for general information and is not personal tax advice.