Overseas landlords

If you have a rental property in the UK but live abroad for a period of six months or longer, you qualify as an overseas landlord. It's essential to register with HMRC and stick to the Non-Resident Landlords (NRL) scheme, which has all the guidelines for tax payment.

Under this scheme, UK letting agents are obligated to withhold basic rate tax from rents collected on behalf of non-resident landlords. This deducted amount can later be offset against your own tax liability at the conclusion of the fiscal year.