Accountants for US and UK — The Non-Dom to FIG Regime Transition (2026 Guide)

Introduction The remittance basis of taxation — the regime that allowed non-domiciled UK residents to shield foreign income and gains from UK tax by keeping them offshore — was abolished from 6 April 2025. Every individual who previously relied on the remittance basis now operates under the new foreign income and gains regime. For US […]

US-UK Business Sales and Streamlined Filing

Introduction A US citizen who sells a UK business during a period of non-compliance faces two separate problems simultaneously. The first is the business sale itself — capital gains tax in the UK, capital gains tax in the United States, and their interaction. The second is historical non-compliance — missing returns, missing FBARs, and penalty […]

Streamlined vs Voluntary Disclosure: Which Route?

Introduction Not every American abroad with a filing gap should use the Streamlined program. Some should use the delinquent FBAR submission procedures. Some should use the delinquent return procedures. A small number — those whose non-compliance was wilful — should use the IRS Criminal Investigation Voluntary Disclosure Program. Choosing the wrong route has consequences ranging […]