Green Card, red light

While we enjoy connections to a number of US firms through BKL’s membership of AGN International, and our joint transatlantic webinars, we don’t give and aren’t authorised to give US tax advice ourselves.

But we were intrigued to read a piece posted by our friends at American Tax Returns in the context of Mr Sunak’s alleged giving up of his US ‘Green Card’ last year. It reminds readers that ‘for US tax purposes losing the green card means everything you owned that day (including your House of Commons pension plan) is treated as sold and subject to US tax’. Awks – though we have also seen it suggested that the Chancellor may not have held the green card long enough to be susceptible to this charge. Anyway, it’s something that those of you who hold a green card or who are considering applying for one may want to bear in mind, if you are not already aware of it.

NICOLA HALL

BILSHAN MENSAH

Sam Inkersole

In 2022, Sam won the Taxation’s Rising Star award at the Taxation Awards in and was named in the Accountancy Age 35 Under 35.

Jon Wedge

While Jon’s client work focuses on the financial services sector, he also oversees the firm’s assurance service, as well as supporting the trainees following in his footsteps.

ELANA DIMMER

Elana joined us in 2017 as an ACA trainee, after graduating from Durham University where she had studied languages. She is now a manager in our assurance team.

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