Student with ISA in USA - How Taxed & Can they Contribute

Glyn2000

Hi,

Just trying to get a sense of views. A provider has told us that if you have a UK ISA as a student say studying in the USA, that you can 1) make new contributions as you are a student and return to the UK each year.

This to me would imply the student is regarded as UK tax resident, and hence the ISA is not taxed under the US worldwide income rules.

Any views on this by anyone is much appreciated.

Cheers

GC

TimMatthias

https://www.litrg.org.uk/tax-guides/students/going-abroad

Hope this helps Glyn.