Non Resident
Landlord Tax
Non Resident Property Investors
If you are a non resident landlord or property investor, or you have just become non resident and have rental income from UK property, call us to discuss your tax compliance duties and a quick quote to file your Self Assessment Tax Return.
Get Professional Advice on Property Tax Planning
Non resident landlord scheme
ONLINE ACCOUNTANTS
NON RESIDENT LANDLORD
Under the Non-Resident Landlord Scheme, individuals and businesses that own property in the UK but do not have a primary residence or permanent establishment are subject to tax and reporting compliance. Rental income earned from properties in the United Kingdom, whether used for residential or commercial purposes, is subject to income tax in the UK. The landlord’s structure determines the tax on this income—whether they are an individual or a company—as well as whether the letting agency has deducted its tax. With new rules, it can be tricky to accurately disclose and accurately report to HMRC rental income or property sale profits. If you are a non-resident landlord and wish to disclose income or gains to HMRC, you can email us, and our specialist tax accountants will take care of your compliance.
Let us take care of your bsuiness
Few ways to contact us
Who We Are
We Are Specialist Property Accountants, Tax Advisors and Business Consultants
Our team consists of highly qualified accountants, Ex HMRC Tax Inspectors and industry-known business consultants
Choose the best Property Tax Accountant
If you are a landlord or a property investor, let our team of property accountants and tax advisors take care of your tax compliance.
FAQs
We are here to help you with any questions you may have
As an employee, you pay income tax and employee national insurance contribution. Your employer will pay employers national contribution on your behalf.
Tax deduction from your employment wages is dependent on certain factors and HMRC will adjust your tax code accordingly. If you are paying more tax than normal, you should contact HMRC about your tax calculation and find out what information they have, which may need to be updated.
You can only get national insurance refunded if there is an over payment. Other than that National Insurance collected is for benefits provided to you such as health and security. You can get National Insurance refunded if you are over pensionable age.
If you have multiple employments or your salary is more than £100,000 or you have any other income you must file tax return and pay any outstanding tax.
In normal circumstances, HMRC will open an inquiry about unpaid tax. If your employer is bankrupt, HMRC may come back to you to recover any outstanding taxes.
It is illegal to pay below minimum wage. If your employer is not paying you minimum wage, you can ask your employer to pay you the minimum wage for the past employment. If you are unsuccessful in recovering your wages, you must call DWP and report your employer.
Not answered above?
If you need advice regarding your personal circumstances, please call our office or book an online appointment.
What our clients say
Tax Saving Jointly Held Assets
Property and other types of investments are frequently held jointly by married couples. This is a fertile ground for tax planning, especially when one partner
Landlord Data Protection Compliance
Data protection and related standards have gained more attention than ever in recent years, largely due to the EU’s 2016 General Data Protection Regulation (GDPR).
Upcoming Changes Private Rented Sector
The Renters Reform Bill was initially submitted in December 2019. Last year’s Queen’s Speech pledged a White Paper in Autumn 2021, despite pandemic delays. First
Why people become landlords
Renting a property may well be complicated. The question, therefore, becomes: why do people choose to become landlords? Although some people stumble into buy-to-let investing, many
Why do I need an accountant ?
It certainly is a question that has received a lot of attention. But let’s concentrate on an example. Why would somebody require the services of