Comments on: The new domicile rule won’t work http://www.taxresearch.org.uk/Blog/2008/06/26/the-new-domicile-rule-wont-work/ Richard Murphy on tax and corporate accountability Thu, 20 Nov 2008 08:18:17 +0000 http://wordpress.org/?v=2.6 By: Tax Research LLP http://www.taxresearch.org.uk/Blog/2008/06/26/the-new-domicile-rule-wont-work/#comment-497492 Tax Research LLP Fri, 03 Oct 2008 15:54:08 +0000 http://www.taxresearch.org.uk/Blog/2008/06/26/the-new-domicile-rule-wont-work/#comment-497492 Sandra I do not give individual advice on US issues I do strongly recommend you get advice and suggest you start here http://www.taxadvicenetwork.co.uk/index.asp?PageID=10&topID=4 Richard Sandra

I do not give individual advice on US issues

I do strongly recommend you get advice and suggest you start here http://www.taxadvicenetwork.co.uk/index.asp?PageID=10&topID=4

Richard

]]> By: Sandra Duncan http://www.taxresearch.org.uk/Blog/2008/06/26/the-new-domicile-rule-wont-work/#comment-497374 Sandra Duncan Fri, 03 Oct 2008 08:47:21 +0000 http://www.taxresearch.org.uk/Blog/2008/06/26/the-new-domicile-rule-wont-work/#comment-497374 We are a retired couple. My husband is a US citizen; I am British. We've been married over 37 years and have lived in both countries. We retired to the UK. We have not and will not ever be on unemployment or other benefit. We have retained private health insurance. Our pension and assets are enough to take care of us until we die, we hope. So far, we have been spending down our British assets by renovating a Victorian house with many problems and have explored the UK, eaten out, bought furniture, etc. My husband hasn't been in the UK for seven years yet, but we are very concerned that we will have to leave soon because we can't afford to pay double taxation. The US Govt. insists that we pay income tax (which we have always dutifully and honestly done) to them, and the new UK laws seem to suggest that we pay the UK Govt. as well. Even if we do so on a remittance basis, the two together will make it impossible to have enough left from our income to live comfortably, or even uncomfortably. Any advice or am I completely wrong about all this? I'm confused, to say the least. We are a retired couple. My husband is a US citizen; I am British. We’ve been married over 37 years and have lived in both countries. We retired to the UK. We have not and will not ever be on unemployment or other benefit. We have retained private health insurance. Our pension and assets are enough to take care of us until we die, we hope. So far, we have been spending down our British assets by renovating a Victorian house with many problems and have explored the UK, eaten out, bought furniture, etc. My husband hasn’t been in the UK for seven years yet, but we are very concerned that we will have to leave soon because we can’t afford to pay double taxation. The US Govt. insists that we pay income tax (which we have always dutifully and honestly done) to them, and the new UK laws seem to suggest that we pay the UK Govt. as well. Even if we do so on a remittance basis, the two together will make it impossible to have enough left from our income to live comfortably, or even uncomfortably. Any advice or am I completely wrong about all this? I’m confused, to say the least.

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