Glossary

Common acronyms, terms and British English.

British and US English are close to being the same, but sometimes the same word can mean completely different things, or have different spellings. In other cases, there are different words for the same thing.

Click one of the letters above to go to the page of all terms beginning with that letter.
BFR

Bona Fide Residence Test (US Tax)

EEA

European Economic Area

EU

European Union

Euro

The Euro is a currency of the European Union, of which the UK has not adopted.

FATCA

Foreign Account Tax Compliance Act (USA)

FEIE

Foreign Earned Income Exclusion (US Tax)

FLR

Further Leave to Remain

Foreign Tax Credit

A deduction of foreign income taxes to reduce U.S. taxable income.

Form 2350

Extension of Time to File in Order to Qualify for the Foreign Earned Income Exclusion (US Tax)

Form 2555

Form 2555, Foreign Earned Income (US Tax)

Form 8938

Statement of Specified Foreign Financial Assets (FATCA)

Form 8965

Form 8965, Health Coverage Exemptions (US Tax / Obamacare)

GBP

Great British Pound (Sterling)

HMR

Her Majesty's Revenue

HMRC

Her Majesty's Revenue and Customs, now known as HMR

Hogmanay

Scots word for the last day of the year, New Year's Eve. Celebrations last sometimes through the 2nd of January, a Scottish Bank Holiday.
http://en.wikipedia.org/wiki/Hogmanay

ILE

Indefinite Leave to Enter

ILR

Indefinite Leave to Remain

IND

Immigration and Nationality Directorate
Former name of the UK government overseeing visas and immigration

LHR

London Heathrow airport

NI

Northern Ireland or National Insurance

Obamacare

ObamaCare (the Affordable Care Act) is a US healthcare reform law that expands and improves access to care and curbs spending through regulations and taxes.

PAYE
Pay As You Earn - UK Income Tax Scheme
PPT

Physical Presence Test (US Tax)

queue

waiting lines for people checking out/in or traffic

ROI

Republic of Ireland

UKBA

United Kingdom Border Agency - government body overseeing visas and immigration

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