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EXPAT TAX GUIDE

United Kingdom Expat Tax Guide 2025

FEIE, Foreign Tax Credits, banking, visa options & filing strategies for US expats in United Kingdom.

Local Tax Rate
~20%
Totalization
Yes ✓
Currency
GBP
Continent
Europe

How United Kingdom Taxes Work

United Kingdom's tax system: Worldwide income for UK tax residents; remittance basis available for non-domiciled.

FEIE vs Foreign Tax Credit

FTC is typically better than FEIE due to UK rates (20–45%). Totalization agreement covers SS. Non-dom status may help.

The FEIE allows you to exclude up to $130,000 of foreign earned income from US taxation in 2025.

Social Security & Self-Employment Tax

United Kingdom has a totalization agreement with the US. This prevents double Social Security taxation.

Banking for US Expats

HSBC, Barclays, and Monzo accept US expats. FATCA compliance is standard.

Visa Options

Skilled Worker visa, Innovator Founder visa, or Global Talent visa.

Cost of Living

High — $3,000–$5,000/month in London, $2,000–$3,000 outside London.

Frequently Asked Questions

Do US expats in United Kingdom need to file US taxes?

Yes. US citizens must file regardless of where they live. The FEIE can exclude up to $130,000.

Should I use FEIE or FTC?

FTC is typically better than FEIE due to UK rates (20–45%). Totalization agreement covers SS. Non-dom status may help.

What is the cost of living?

High — $3,000–$5,000/month in London, $2,000–$3,000 outside London.

Calculate Your Exact Tax Savings

Compare FEIE vs FTC vs Combined strategies for United Kingdom.

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