Meet the Other Phone. Child-safe in minutes.

Meet the Other Phone.
Child-safe in minutes.

Buy now

Please or to access all these features

Money matters

Find financial and money-saving discussions including debt and pension chat on our Money forum. If you're looking for ways to make your money to go further, sign up to our Moneysaver emails here.

Tax Residency Self Certification form

3 replies

Orgasmagorical · 13/09/2021 11:56

My nan has a few shares in a company that she inherited. Neither of us really understand anything about them so we just muddle through. She's been asked to fill in one of the above forms, which is easy enough to do, I'm just wondering why they're asking. Can anyone help?

She's never even been abroad on holiday let alone lived abroad Grin

OP posts:
Orgasmagorical · 13/09/2021 18:49

A hopeful bump for the evening crowd.

OP posts:
Linguaphile · 13/09/2021 23:11

It might be to check they she isn’t an American? They are one of the only countries in the world where citizens retain tax residency regardless of where they live, and some older people who didn’t realise they even had citizenship there (perhaps they were born there but moved away as children or got it through a parent) have been caught out. Companies have to go above and beyond to make sure they do due diligence with US citizens now because the penalties for tax reporting non-compliance are intense.

Orgasmagorical · 14/09/2021 08:20

Thank you, Linguaphile, there was mention of America somewhere on the form so that might well explain it.

I was concerned it was some kind of scam thing but it all looks okay, but then the best ones always do.

OP posts:
New posts on this thread. Refresh page