US Resident’s UK Tax Return with UK property Income
Jan 16th 2023, 6:06 pm
#1
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Joined: Jan 2023
Posts: 4
US Resident’s UK Tax Return with UK property Income
Hi folks,
New here. I am a UK citizen and US resident with UK property income. I would need to declare my UK rental income on a UK tax return and pay any tax due on that income to HM Revenue & Customs (HMRC). Here is response from ChatGTP
Thanks in advance for the assistance!
Mike
New here. I am a UK citizen and US resident with UK property income. I would need to declare my UK rental income on a UK tax return and pay any tax due on that income to HM Revenue & Customs (HMRC). Here is response from ChatGTP
- Register with HMRC: You will need to register with HMRC as a non-resident landlord. This can be done by completing form NRL1, which can be found on the HMRC website.
- Collect necessary information: Gather all the relevant information you will need to complete your tax return, including your rental income and expenses, such as mortgage interest and property management fees.
- Complete the tax return: Complete the UK non-resident landlord tax return form, which is known as form NRLY. You will need to provide information about your rental income and expenses, as well as your personal details.
- Submit the tax return: Submit the completed tax return, along with any supporting documentation, to HMRC by the deadline, which is usually 31st of October following the end of the tax year.
- Pay any tax due: If you owe any tax on your UK rental income, you will need to pay it to HMRC by the deadline.
Thanks in advance for the assistance!
Mike
Jan 16th 2023, 10:02 pm
#3
Deep in the woods of CT
Joined: Feb 2010
Posts: 7,002
Re: US Resident’s UK Tax Return with UK property Income
You're confusing him with Michael32, whose post Mike2Bay piggybacked on.
Re: US Resident’s UK Tax Return with UK property Income
