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  • RE: First Time paying Tax, earning from a US company.

    I'm assuming that you're a non-US resident alien here. I did the same a few years ago. I filled in an IRS form called a W-8BEN. There are two different ones depending on whether you're trading as a company (W-8BEN-E) or as an individual (W-8BEN). My advice is to trade as a company, as the US can sometimes be funny about paying individuals on contracts by putting you at the back of the queue. Also, get everything in writing. Then you just sort out your taxes by filing a self-assessment at the end of the tax year. Best of luck!

    No question .
  • How to handle double taxation on Shares/RSUs

    Hi, I was provided with shares as equity by the company I work for - which is a US company. However, the company that officially employs me is based in the UK. I am taxed twice on these shares; - as a portion is withheld to pay local US taxes - as the total amount the shares were bought for with RSUs passed through payroll. For example; 121 shares vested (51 withheld and 70 released) Tax event on payslip at full amount: 121 @ USD 31.73 = USD 3839.33 (GBP 3041.52) Misc one-off deduction in payslip: GBP 1759.56 Firstly - is it correct that as a non-US resident alien working for a UK company I have US shares withheld to pay local US taxes? Second - is there something I should be filing with HMRC to make at least _some_ profit? Thanks in advance for the assist.