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Chartered AccountantsChartered Accountants

Non Resident Landlords Tax Advice

Special rules exist for landlords who own properties in the UK but are resident abroad for a period exceeding 6 months (non-resident landlords).

If your tax affairs are up to date, non-resident landlords can apply to the Inland Revenue to receive their income from rental property gross, ie, without basic rate tax having been deducted. Otherwise agents acting for non-resident landlords are required to deduct tax at source on rental income received.

Although other income may not be taxable in the UK, rental income from UK properties will still be subject to tax in the UK. Personal allowances may however be available to cover some or all of the net rental income.

Living overseas with rental property in the UK and need advice, contact buytolet@moco.co.uk

Testimonials

  • "Over a number of years Morris & Co have provided me with sound financial and business advice. Their in depth knowledge of my particular sector has proved invaluable and they explain my accounts in a way that is easy to understand. All my questions are answered promptly and efficiently and I really appreciate their level of expertise."
    David Evans, R T Booth & Co Ltd
  • "In addition to providing management and year end accounts, Morris & Co have assisted me with and prepared business plans and cash flow forecasts... to help me make vital business decisions."
    Dave Lawson, Cardiff
  • "We have found them efficient and user friendly, and have made a big saving in our accountancy and bookkeeping costs. I can unreservedly recommend the arrangement to my fellow franchisees."
    Colin Donald, Slough
  • "I am delighted with the service I have received from Morris & Co. As BFA Affiliate's I have confidence in their level of knowledge and expertise. As a result I am free to concentrate on building my business with their help and advice."
    Simon Wise, Driver Hire London North
  • "At first I was somewhat reluctant... I have been able to establish a mutual trust and experienced a professional and thorough service."
    Kevin Morrissey, Sheffield
  • "When appointing an accountant it was very important to me to select someone who was not only knowledgeable but friendly and approachable. I have always received proactive, professional advice and I know that the specialist advice I require to run my business is only ever a phone call away. A VAT full cost and apportionment calculation was recently undertaken for my company. As a result of this, my percentages have reduced, thereby saving me additional money."
    Ian McGarvey, Ian McGarvey