NonResident Landlord (@nonresidentlord) 's Twitter Profile
NonResident Landlord

@nonresidentlord

Expert UK Tax Advice for non UK residents. Email: [email protected] Tel: 07821572652

ID: 712994092884619264

calendar_today24-03-2016 13:26:53

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Morning! If jointly owned property is owned in unequal measures it may be possible to report income and gains on the same apportionment

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If you have lived in your rented property this is likely to lead to specific deductions when selling the property that will reduce your tax

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Even if you are non resident selling UK property you will still have UK tax to consider and specific methods of calculation to follow #uktax

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The 2015/16 notes state that you cannot use the cash basis for property income. This will catch many out! Speak to us for assistance!

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Happy Friday to all followers. Hope you all have a great and earful weekend.We will be back on Monday with more tax tips #HappyFriday