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Forum: Canada
Sep 16th 2005, 7:18 am
Replies: 18
Views: 1,515
Posted By TrishP

Re: owning a house in the uk

Income earned in the UK is taxed in the UK - the double taxation system means that when you declare the 'profit' from your rental as income on your Canadian return, it isn't taxed again. So, I'm...
Forum: Canada
Sep 15th 2005, 3:09 pm
Replies: 18
Views: 1,515
Posted By TrishP

Re: owning a house in the uk

You need to fill out a P85 form for the IR to let them know you're no longer resident in the UK. Then fill out a NRL1 form - both parties to the mortgage (if you own property jointly with a spouse or...
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