Overseas Landlords. Are you a resident overseas? (6 months or more outside of the UK) Yes / No If overseas please provide date that you left the UK
Overseas Landlords. (Where applicable) submission of accounts to the inland revenue - annual fee of £100 Plus VAT (£120)
Overseas Landlords. INCOME AND CORPORATION TAXES ACT 1988 andTAXATION OF INCOME FROM LAND (NON- RESIDENTS) REGULATIONS 1995 (FINANCE ACT 1995)
30.1. While a Landlord may be considered non-resident for tax purposes, he still has to pay United Kingdom income tax arising from rents received in this country
30.2. Unless exemption is received from the Inland Revenue allowing the Landlord to account for tax himself under the self- assessment regime, Atterway is obliged to deduct tax at the appropriate rate from rents received and account to the Inland Revenue for these monies on a quarterly basis.
30.3. The Landlord is responsible for obtaining his own exemption. It should be noted that exemptions are not transferable between agents. No interest is paid to Landlords on tax retentions held by Atterway.
30.4. Where a Landlord is considered non-resident for taxation purposes and is not in possession of an exemption from the Inland Revenue, a reasonable charge will be made for the work carried out in submitting quarterly returns, for annual returns and the preparation of final certificates.
Overseas Landlords. In the event that the Landlord takes up residence outside the United Kingdom, then, in accordance with the Finance Act 1995, a deduction in respect of Income Tax will be made until a valid exemption certificate is obtained from the Inland Revenue and lodged with Xxxxxx Xxxxx.
Overseas Landlords. If you are a Non UK resident we are legally obliged to deduct tax from your monthly rental income at the prevailing rate in the absence of written approval from the Inland Revenue. In the absence of this exemption certificate we will deduct tax and forward this to the Inland Revenue. There will also be a monthly administration charge of £15 (£12.5+VAT)
Overseas Landlords. 3.1. All Landlords residing overseas are advised to use Atterway’s Full Management Service.
Overseas Landlords. 3.1. All Landlords residing overseas are entitled to use Knightsbridge Full Management Service.
Overseas Landlords. 3.1. All Landlords residing overseas must use BPS Full Management Service.
