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Non-Resident Landlords Scheme

Janet Paterson, Creaseys, Tunbridge Wells, discusses the ramifications of the Non-Resident Landlords Scheme

 
Janet Paterson Creaseys Tunbridge Wells discusses the ramifications of the Non-Resident Landlords Scheme
 
Rental income from the UK is of course subject to UK income tax even where the recipient is resident outside the UK. Indeed all of the UK's double taxation treaties preserve the rights of the UK to tax income that arises from UK immovable property. Accordingly whether the landlord is a non-resident individual trust or company he can expect to be charged UK income tax on his UK rental income.
 
The UK property market has for some time now been particularly buoyant and a large number of overseas investors have been attracted to it. The Inland Revenue has...

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