Anyone know about Tax Returns?
I'd really appreciate some help...
I still have a small house in Cheltenham but now live in Hong Kong. I rent the house out but still have a large mortgage so don't make any money on the rental. I pay tax in HK and don't bring any money back to the UK, except for paying my mortgage.
Does anyone know if I still have to pay full UK tax (20%) or if I am entitled to an allowance? Cheers.
Posted By: Hongky on December 5th 2014 at 06:59:42
Message Thread
- Anyone know about Tax Returns? (General Chat) - Hongky, Dec 5, 06:59:42
- As a non UK resident you need to register as an overseas landlord (General Chat) - GermanCanary, Dec 5, 17:16:05
- I giylfed it for you (General Chat) - Basil Wrathbone, Dec 5, 08:52:10
- Thanks Basil. (n/m) (General Chat) - Hongky, Dec 5, 15:51:47
- Tony Martin (the one offofonhere) should be around later - he'd know (n/m) (General Chat) - Jumbo1, Dec 5, 07:42:18
- I'm no expert but: (General Chat) - Curnster, Dec 5, 07:28:41
- I think because I'm no longer domiciled the UK I'm not entitled to personal allowance (General Chat) - Hongky, Dec 5, 15:51:23
- I think the personal allowance is around ?10k now. (General Chat) - Pixelman, Dec 5, 08:07:02
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