Tax News & Updates
Current US and UK tax news for globally minded individuals and creative businesses. We track IRS and HMRC changes, deadlines, reliefs, and cross-border planning shifts, then explain what they mean for your money.
This is the Jungle Tax hub for US and UK tax news and updates. It is built for Americans in the UK, British taxpayers with US ties, and creative founders who need to know how IRS and HMRC changes, deadlines, and reliefs affect their returns, so they can plan early and file with confidence.
Why do tax updates matter for cross-border taxpayers?
When you sit inside two tax systems, a single announcement can ripple across both. A change to the UK remittance basis or the abolition of long-standing non-dom rules can alter how HMRC treats your foreign income, while a shift in US reporting thresholds or inflation-adjusted brackets changes what you owe the IRS on the very same money. Missing one update can mean a missed relief, a late filing penalty, or double taxation that a treaty claim could have prevented. Staying current is not optional when two revenue authorities each expect a return.
The calendar compounds the challenge. The UK tax year ends 5 April and Self Assessment is due 31 January; the US tax year is the calendar year with an April deadline and expat extensions to June and October. Foreign Earned Income Exclusion figures, standard deductions, and FBAR thresholds all move, and Budget measures can take effect mid-year. We monitor both timelines so you act on changes while there is still time to plan, rather than discovering them after the deadline has passed.
What tax topics are we watching right now?
UK non-dom and residence reform
The UK is replacing the historic non-domicile regime with a residence-based system for foreign income and gains. We follow how the transition affects newcomers, returning expats, and long-term residents, and what planning windows remain open.
US reporting for foreign accounts
FBAR and FATCA obligations continue to catch out Americans abroad. We track filing thresholds, penalty guidance, and the Streamlined Foreign Offshore Procedures used to correct past non-compliance without harsh penalties.
Creative sector reliefs
UK creative industry tax reliefs for film, TV, theatre, and video games evolve regularly, including the move to expenditure credits. We flag rate changes and qualifying rules that affect production companies and creators.
Treaty and double-tax relief
The US-UK double taxation treaty governs pensions, dividends, and where income is taxed first. We watch for updated interpretations and how foreign tax credits interact with each side to keep your combined bill fair.
Where can I go deeper?
Move from headlines to action with our core service and tool pages. Each one turns a tax development into a clear next step for your US or UK position.
US Tax Services
IRS filing, Form 1040, FEIE and foreign tax credit planning for Americans on both sides of the Atlantic.
Explore→UK TaxUK Tax Services
Self Assessment, HMRC compliance, and residence and domicile planning for individuals and businesses.
Explore→Cross-BorderCross-Border Tax Planning
US-UK treaty relief, double-taxation strategy, and coordinated filing across two systems.
Explore→ComplianceIRS Streamlined Filing
Catch up on late US returns and FBARs through the Streamlined Foreign Offshore Procedures.
Explore→EstatesTrusts & Estate Planning
Cross-border inheritance, gift tax, and estate structuring for families with US and UK assets.
Explore→CalculatorFBAR Penalty Calculator
Estimate potential exposure for unfiled foreign bank account reports before you file.
Explore→News you can act on
Anyone can report a tax change. We tell you what to do about it. Jungle Tax works exclusively across the US and UK systems, so every update we publish is filtered through the question that matters most: how does this affect your dual filing, your reliefs, and your bottom line?
›Get Tailored AdviceDual-system specialists
We live in the overlap between the IRS and HMRC, not one side of it, so cross-border consequences are our default lens.
Plain-English translation
We turn Budget measures, treaty clauses, and IRS notices into clear actions you can take before deadlines bite.
Creative sector focus
From influencers to production companies, we understand how tax changes land for creative and self-employed income.
End-to-end support
Beyond the news, we prepare and file your US and UK returns, so insight becomes compliant, optimised action.
Have a change you need to act on?
Tell us your situation and we will map exactly how the latest US or UK tax developments affect your filings, then handle the work with the IRS and HMRC.
Turning tax updates into on-time, accurate filings
Rules move often on both sides of the Atlantic, and every change can affect how and when you report to the IRS and HMRC. We translate each development into the concrete steps your returns require, so nothing slips between two systems. The result is filings that stay accurate, complete, and submitted before the relevant deadline.
- ›Track IRS and HMRC changes as they are announced
- ›Map each update to your specific filing obligations
- ›Stay ahead of deadlines rather than reacting late
Reading every change through a dual-system lens
A single announcement in one country can ripple into your position in the other, from treaty relief to foreign tax credits. Because we work exclusively across US and UK tax, we assess how each update affects your combined picture rather than one side in isolation. That means you see the full impact on your worldwide income before you act, not after.
- ›Understand the knock-on effect across both jurisdictions
- ›Protect treaty relief and avoid double taxation
- ›Plan cross-border moves with the latest rules in mind
Questions & Answers
Our live blog at /jungle-tax-news-updates publishes current commentary on US and UK tax changes, filing deadlines, and cross-border planning. We cover IRS and HMRC announcements as they happen, translating technical guidance into plain-English action points for creatives, founders, and internationally mobile individuals.
The UK tax year runs 6 April to 5 April. For 2024/25 returns, the online Self Assessment deadline is 31 January 2026, with paper returns due 31 October 2025. Any balancing tax payment and your first payment on account are also due by 31 January. We track these dates so you never miss one.
US citizens must file Form 1040 reporting worldwide income. The standard deadline is 15 April, but Americans living abroad receive an automatic extension to 15 June, and can request a further extension to 15 October. FBAR (FinCEN Form 114) is due 15 April with an automatic extension to 15 October.
Both jurisdictions update rules constantly. The UK confirms most changes at the Autumn Budget and Spring Statement, while US thresholds are adjusted annually for inflation and larger reforms arrive through Congress. Treaty interpretations, reporting thresholds, and reliefs all shift, which is why monitoring reliable updates matters for cross-border taxpayers.
No. News and general commentary help you spot issues, but they cannot account for your residence, domicile, income sources, or treaty position. Rules such as the FEIE, foreign tax credits, and the UK remittance basis apply differently to each person. Always confirm your position with a qualified adviser before acting.
Contact Jungle Tax through our enquiry page at /contact-financial-support-for-creatives or call +44 333 880 7974. We assess how a specific US or UK development affects your filings, model the outcome, and handle the paperwork with the IRS or HMRC so you stay compliant and tax-efficient across both countries.
Still have questions? We're here to help.
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