Non-UK Resident Tax Return
You can always relax if we do your tax !
We provide a fast, professional, online Non-UK Resident tax service, at a GREAT PRICE !
Normally you are only taxable in the UK on UK source income and/or UK capital gains. The submission to H.M. Revenue and Customs of a UK Tax Return would normally be required, where such income or gains arose. The income and/or gains would then be reported to H.M. Revenue and Customs on the UK Tax Return. Income arising outside the UK would not normally be taxable in the UK for Non-UK residents.
If you are Non-UK resident for less than five years, then you could be considered to be a ‘Temporary Non Resident’. As a result your capital gains tax position could be affected, when you dispose of UK assets.
Under certain circumstances, if you are a Non-UK resident person, you can claim UK personal allowances. You can then set these off against UK taxable income arising.
If you are claiming Non-UK residency, then a UK Statutory Residents Test would normally need to be completed. In addition, it would be required to report the test results in the annual UK Tax Return. The number of days spent in the UK in the tax year to 5th April would need to be included, together with additional information, including the number of ties to the UK. This test is required to confirm your Non-UK residency, for UK tax purposes. We would provide advice regarding the completion of the Statutory Residents Test and include the results in the UK Tax Return on your behalf for the tax year to 5th April, each year.
Property Letting or Disposals
If you are Non-UK resident with UK property or land, let via a letting agent, then unless application has been made to HMRC, under the Non Resident Landlord Scheme, the letting agent would normally be required to deduct tax at source. This would be at the rate of 20% of the rents received via the letting agent. Any overpayment of income tax, as a result of the tax deducted at source, can normally be reclaimed from HMRC, when the annual UK Tax Return is completed and submitted to HMRC, which we would deal with on your behalf.
If you are Non-UK resident and if you are letting UK property via a letting agent, then it is more beneficial to apply under the Non-UK Resident Landlord Scheme. The application can be made to H.M. Revenue and Customs using the Non-Resident Landlord Scheme Form NRL1. When the application has been approved, rents can normally be paid gross by the letting agent, with no tax deducted. We would deal with the application on your behalf.
If you are a Non-UK resident and you dispose of UK residential or non-residential property or land, this would need to be reported to HMRC, within 60 days from the date of completion. This applies even if you have no capital gains tax to pay, or you have suffered a loss on disposal.
We would deal with the required reporting on your behalf.
Our Non-UK residents service covers all the above UK tax reporting requirements, at a GREAT PRICE !
We offer a free tax helpline, which is included in our UK Tax Return service.
Please contact us or please click here for a
THANK YOU.