Tesco

If you use a CPA they may question your address change for your 2024 IRS tax return, especially if you file jointly. By far the easiest option is to just have your post forwarded. Any U.S. employer will have no interest or understanding of a P45. Ultimately just sign up for an HMRC account and view income and deductions.

Pleased that you’re getting somewhere with this now. The P45 really shows earnings from April 6th and the final tax code and tax paid. Do you have an HMRC account? Handy for this sort of thing, as it’s in real time with your employer, so all up to date earning etc will be documented. I understand you wanted to get this sorted ASAP so you can then ascertain how much you can transfer to the U.S. hope your are starting to find your feet and settle. Oh btw, it’s the December 31st exchange rate used for form FinCEN114. You may use the average exchange rate for uk sourced income, or the spot rate for the day if a single transaction.

SRT stands for Statutory Residency Test. It’s a series of tests HMRC makes to consider if you are still UK resident for taxation. For example if you work outside the UK for an average of 35 hours a week, then you’re a non UK resident straight away. You’ll only then be taxed on UK income. MFJ means Married filling Jointly, your US husband will know what to do with the annual 1040 As for FinCEN114, if all your assets are over $10k, then you need to file. Pensions are a little murky, but generally if a private pension then it’s reportable. Company pensions are not held in your name and therefore not normally reportable. Hope this helps and that you’re settling in ok…

As an employee, your former employer is obliged to send you a P45, (3 parts). This can be emailed to you, (password protected) soon after your final payment. You should be able to do a rough estimate of your tax liability from worldwide income to the date your left the UK, (providing you meet HMRC's SRT as a non resident). Your UK earnings will have no impact on the IRS return for 2024, as you only became a 'U.S. Person' on arrival, (unless you voluntarily opted to file MFJ with your U.S Spouse). As such however, you now declare your worldwide income to Uncle Sam, to include FinCEN114 if you hold more than $10,000 outside the U.S, even for a day (simple form).

These forms can catch people out. The fines and penalties for failure to file can be life changing. The rule of thumb is if you have a total of under $10k in non US assts then you’re fine. Yes this does include pension funds owned by you. If you have any trusts then your file form 3520, (complicated and beyond the scope of this topic). Not sure of your age, but the pension funds grow tax deferred. Don’t take an HMRC hit for nothing.

Absolutely astonishing, thank you very much!

The US authorities will need you to report any foreign bank accounts on an annual basis. Take a look at those forms I mentioned, (you can Google them). You US accountant will know what to do though. Once a UK bank knows you’re a US resident, the balances are reported to the IRS. The Treasury form is straight forward, and is only needed if you have over $10,000 in non US bank deposits or retirement savings.

Wishing you well for next Tuesday, will be here before you know it! Keeping UK accounts is best, as you’ll not be able to open another in the future as a UK non resident. The banks will report you to the IRS under FACA, once you become a US resident. (They cross reference with Treasury form FinCEN114 and IRS form 8938, (if threshold exceed)). Your CPA will know what to do when you file your 1040 for 2024.

It’s easy to transfer from your UK bank to the US, but not visa versa. To transfer from a US account the UK, you must present yourself before the banking officer at a local branch and then they will set up the ‘wire’ it’s a bit like banking of the 1980’s (have a well know major US bank too). Wise uses peer to peer transfer, so no international transaction per se. If you transfer from your UK account to the US with Wise for example, then the funds are simply credited to you from their US bank to your own, (same in reverse). Credits to the UK are made within seconds, to the US about a day. It uses ACH, so once set up it’s a dream to use. For international banking, I’ve found Wise to be invaluable. Another important note is the massive savings with exchange rate and fees against traditional banks.

Some network providers block their app from overseas. If you can do it from your CC or Debit Card that would circumvent. Be carful and check their T&C’s with regards the time period to make and receive a text or phone call. It can catch you out, (as it did me). You then loose your number. So make sure you use the number and make a note on your calendar to do so. We loose much more then just a number, WhatsApp authentication, MFA etc.

Think about getting a Sim only contract, they’re very inexpensive. You can then have MFA for your UK banking and other apps. Change to a local relatives address as they won’t allow you to have a contract with a Stateside address.

We’re both in the UK. House sell stalled,(really want it sold first) and job pushed back. All these little things that add to the move! As it’s over 6 months out, didn’t want the chance of the process timing out.

Had to push back to the Spring sadly…

Have a look at Norse Airlines, (used to be called Norwegian). Flying from London Gatwick to several U.S. hubs. I see one into Orlando for around £180, although I did see one for £80 the other day! Aer Lingus have good prices with the actual U.S. POE being Dublin, then an internal onward flight.

It depends on the cabin, (Y Class). If you’re going to fly a cheap no frills airline, then often fares will remain constant. Depending where your final POE will be, some flights are as low as £80.

Best to only make travel plans once you’ve actually secured your visa. If something went wrong, (denied/delayed), then you’ve not gone to the expense of purchasing a more expensive refundable ticket.

Best to have a good understanding of SRT and the 16 day rule. Also form R43, SA106. Don’t get caught that you pay to the UK, tax on US earnings also. This would lead to the filing of IRS form 1116, (not for the faint hearted).

You are either a UK resident or non UK resident in a tax year, this can’t be changed. You need to consider the Statutory Residency Test (SRT) and the automatic ties section. Many will benefit from the ‘Split Year’ treatment, meaning you are a UK Resident to the date of departure. A warning however… you must consider the UK ties and visits back in the tax year and subsequent, HMRC will easily class you as a resident and tax you on worldwide income! Remember any UK sourced income will continue to attract tax, so you need to file an R43 to maintain your Personal Allowance. if you move to the US and have a job, or have NO home,(OR place available to you) then these tests prevail. It’s a complex area, but not insurmountable. Any Chartered Accountant can help… just remember trips back to the UK… it can cause devastation financially. You need to report by the end of the UK tax year. On another note don’t forget the many reporting responsibilities you have to the IRS. FinCEN114, 8938 to name a few. This can cause untold problems and extreme financial penalties, ($10,000 min for failure) very much ensure you have a CPA/EA file your taxes when Stateside, even to get the ball rolling for your understanding. Cross boarder taxation is something people don’t always consider, but vital to be well informed and researched.

Once the interview was booked, Visa Medicals then dictated the latest date for their appointment. In the unlikely event the embassy has not received the results, they’d just deny your visa until those results are obtained. Ultimately you may have a few extra days to wait for passport dispatch.

Got the COVID vaccine at Boots too. They supplied a slip, (about half a sheet of paper) with batch number, thaw date, pharmacist, name and address. Uploaded to the GP and they added as a document on Patient Access. Have printed this, along with the appointment email for back up. Had to give pharmacist address where I’m registered with the GP and not where I’m living now. As a back up to this, printed address history from the DS-260 as evidence, should this be questioned.

Has anyone received their passport back on a weekend? The DX website doesn’t say much on this with regards the U.S. Embassy.

Congratulations! Nice that it's all at and end and you have everything for the trip Stateside.

A few weeks away!

Thank you for the feedback to my questions. Your portrayal and in-depth explanation is superb, thanks again.

Wow, I don’t think I’ve ever read such a wonderfull and comprehensive review. It’s increadalbally helpful, thank you. As the medical is just a few weeks away, the information is immensely helpful. Did have a couple of questions: Did you have a urine sample? Did you take anyone with you? Not sure is family members can come into the building due to the limited space. Did you notice anyone accompany the examinee? is what they gave you when you left to be taken to the interview, or is it just for your records? what was the total cost? wish you well for the interview and hope you can update on how it goes -).