British Expat Entrepreneurs
International Expat Entrepreneur Accountants Of Atlanta
The complicated nature of British expat entrepreneur bookkeeping and taxes can make tax season difficult and worrisome. The specific laws governing the collection of taxes and filing can involve the tax laws of two nations. Our British expat entrepreneur accountants are experts in both the UK and US tax laws, providing the foundational knowledge you need to prepare your taxes correctly.
Determining Residence and Tax Requirements for the US and UK
One of the first steps in understanding the tax situation of your entrepreneurial business is to determine the residence and ensuring you have the right residency proofs. You will most likely be considered a non-resident of the UK if:
- You have lived outside the UK for the past three tax seasons.
- You have not spent more than 45 consecutive days in the UK during this time period.
Our British expat entrepreneur accountants will assist you in determining whether taxes are owned in the UK or US for your existing business, investments or other streams of income. We want to see you keep the maximum amount possible in your pocket to keep your business moving forward.
Income Earnings, Investment Earnings, Inheritance Tax and the Generation of Worldwide Income
Depending on your residency status, you might end up owing taxes in the UK or US for items like:
- Business Revenue
- Investment Property Income
- Stocks and Bonds
- Capital Gains
- Worldwide Business Income
We work hard to determine who you owe and why. Our British entrepreneur CPAs are able to help you get the deductions and viable tax savings options in place to save you money. You need experts to ensure you are not paying too much or too little and end up with unexpected consequences.
Bookkeeping and Tax Preparation Following Current US and UK Tax Laws
Keeping your business finances healthy means keeping track of all financial signatures and footprints. Our knowledgeable team of Atlanta tax specialists can assist with duties like:
- Tracking payable and receivables
- Documenting payments and deposits
- Tax planning and preparation
- Assist during tax audits
- Generate financial reports
- Create budgets
- Determine inefficiencies that cost your business money
The greatest advantage to hiring our team of British expat bookkeepers is the ability to stay focused on your business. We help keep your bottom line out of the red and can suggest ways to bring better financial health to your operation. You can leave the complicated tax issues to experts with decades of experience in all UK and US tax matters.
Contact us today to find out more about our bookkeeping, tax preparation, and CFO advisory services today. We are happy to sit down with you and discuss all of your business tax and bookkeeping needs. You finally have an affordable solution within reach.