Landlord Help

 Landlord Help

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Here you will find answers to the most common landlord questions, grouped together in easy to use categories. If you can't find what you are looking for use the search function. Also check out the Tips & Advice section or log onto the discussion forum

PRTB

Finance & Tax

Letting

Managing

Building Energy Rating (BER)

Legal

Rental Accommodation Scheme (RAS)

How are non resident landlords taxed?

On receipt of the annual tax return, profit from rent i.e. rent received less allowable expenses will be assessed. The landlord is entitled to claim relief for expense, which are usually allowed in arriving at the rental profit. The landlord is also entitled to a credit for the tax deducted by the tenant. Form R185 should be submitted by the landlord with the tax return to obtain credit for the tax retained.

 

 

 

 

 

 

 

 

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