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...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Tax planning

'A lot of fear out there': SJP's Claire Trott on IHT on pensions

'A lot of fear out there': SJP's Claire Trott on IHT on pensions

‘Any change drives advice’, head of advice says

Sophia Panayi
clock 29 June 2026 • 3 min read
Paying IHT on pensions: The potentially 'gruelling' process for personal representatives

Paying IHT on pensions: The potentially 'gruelling' process for personal representatives

'Pension entitlements cropping up much later will cause a big headache for PRs'

Rachel Pinn
clock 25 June 2026 • 12 min read
Turning tax year-end regret into a new tax year opportunity

Turning tax year-end regret into a new tax year opportunity

The most common regret is leaving things too late

Sophie Hall
clock 24 June 2026 • 3 min read