Roth IRA Conversion Query

Be careful assuming that HMRC won't tax IRA to ROTH rollovers that you declare as "lump sums" under the US/UK Tax Treaty. I've read that HMRC is now using the "Savings Clause" to tax the rollover. So talk to a qualified tax professional and maybe calculate the appropriate rollover amount considering both the UK and US tax brackets.

https://www.ustaxfs.com/insights/significant-change-hmrc-stance-on-us-pension-lump-sum-distributions/

I wonder if/when they will start taxing Roth distributions.

Well, the policy seems to have been published by HMRC so any Self Assessment should reflect that and I imagine all tax professionals are aware of the change.

I wonder if/when they will start taxing Roth distributions.

I’m wondering the same thing🙁. Honestly, this country is making it increasingly difficult to stay here.  In the Article linked to in a prior post it alluded to HMRC having issued clarifying advice on how lump sums and periodic are defined.  Can anyone point me to that ?  Although if both are being taxed now it makes little difference I suppose😏

President Trump's “Big, Beautiful Bill,” which just passed the US Senate, includes a 1 percent tax on remittances, money migrants send home to family and friends. While the tax has been reduced, applying it to all remittance senders (including US citizens) is nasty.

If that applies to all monies that overseas US citizens remit then it is a hit to my pensions.

It would only apply if you physically presented cash/money order/etc. to the entity that would transfer the funds to you overseas. ACH transfers and similar are currently exempted.