I have dual (US, UK) citizenship, but am now a resident of UK (this is the transition year, ie, started as a US resident). I understand the foreign tax credit and foreign earned income exclusion portion of the US tax code. Is there any relief (as healthcare expense in itemized deductions eg) for Nat'l Insurance charged by british government?
2006-10-07 23:01:46 · 4 answers · asked by Imac 1 in Business & Finance ➔ Taxes ➔ United States
Yes, a US citizen can get tax relief on the UK National Insurance Contribution (NIC).
Employees and self-employed individuals can apply, under what is known as a "totalization agreement" to opt-out of dual country coverage. To opt out of NIC, the application is made to the U.S. Social Security Administration and the certificate of coverage is then presented to the UK Inland Revenue National Insurance Contributions Office. See the links below for further information.
2006-10-08 03:30:34 · answer #1 · answered by TaxMan 3 · 2⤊ 0⤋
Are you going to claim tax relief from England and the good OLE USA??
2006-10-07 23:06:45 · answer #2 · answered by alfonso 5 · 0⤊ 2⤋
Pay your taxes you freaking scrounger
2006-10-07 23:10:25 · answer #3 · answered by Anonymous · 0⤊ 2⤋
NO the demoncrats want their (your) money !
2006-10-08 03:24:36 · answer #4 · answered by Bawney 6 · 0⤊ 2⤋