As a non-resident landlord you will either receive your rents:
- with tax already deducted by your letting agent or tenant
- in full and pay your tax liability via self-assessment
To receive your rents in full you will need to apply to HMRC and if approved, they will advise your letting agent / tenant to not deduct tax from the rents. Please be aware that HMRC will not approve your application if you are late with your tax return or payments.
We can assist you with this application and assist you with your rental accounts and tax returns via our Residential property landlord service.