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Are you a landlord living overseas?

­Rental income can be a taxing issue. We'll make the process easy.­

If you are resident overseas, the Non-resid­ent Landlords Scheme may apply and is used for taxing your UK rental income.

The scheme requires UK letting agents to deduct Basic Rate tax - currently set at 20% - from any rent collected on behalf of non-resident landlords.

If you do not have a UK agent acting for you and your rental income is more than £100 a week, then your tenant must deduct the tax.

There is a range of tax deductible expenses which you may be able to take advantage of.

Alternatively, non-resident landlords who are eligible can apply at any time for approval to receive their UK rental income with no tax deducted. But even then, your income still remains liable to UK tax and you must include details of your income in any tax return HMRC sends you. You must apply either before you leave the UK or before the letting has started.

We can advise you on this scheme and provide help with your application. Why not ask us to post or email you copies of the relevant application forms and further details?

Call us on 020 8090 9000 or email us.

You may also find further useful information at the HM Revenue & Customs website.

"Having a property in London I needed an agency I could trust. Nick and his team are awesome!"

Karen - Sydney, Australia
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