The complexities of advising transatlantic clients

Tax systems

Tom Ellis
clock • 3 min read

The two different tax systems in the US and UK make transatlantic tax planning a niche, complicated business. Jenny Turton speaks to PA Awards 2021 tax-efficient adviser of the year finalist Maseco Private Wealth about specialising in this area of international advice

We are often reminded of the old adage, ‘don't let the tax tail wag the investment dog', but for US citizens living in the UK following this advice could result in them paying eye-watering amounts to both the US and UK taxman. Maseco was set up in 2008 by Josh Matthews and James Sellon to help US citizens living in the UK navigate the complex tax challenges they face when investing their assets and planning for their future. Sellon explains: "Josh and I have been working with American families in the UK for around 20 years. The products and services that are tax efficient for UK citiz...

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