UK income tax is charged on income from letting property situated in the UK regardless of the residence status of the landlord. Non-UK-resident owners other than individuals pay tax on the profits computed at a flat rate of 20% This income is computed using ordinary accounting principles. For example:- Income and...
In general the UK only taxes individuals who are UK tax resident to capital gains tax. The main exception is on residential property. The legislation allows three ways in which such gains can be taxed however in most cases tax will be charged based on the proceeds less the value...
Popular expat destinations such as some countries in the Middle East provide options for paying less or even no tax. In fact, many workers who go to the Middle East do so because of the tax breaks. They often enjoy a good standard of living while earning a salary equal...
Can a foreigner buy property in UK? Answer is yes, the UK is open for investment and all nationalities can buy. As a foreigner you can buy property in the UK, even if you do not live in the UK. Buying property in the UK as a foreigner is easier if...
If you are looking for information on offshore mortgage you have come to the right place. You be a foreign nationals or domiciled abroad and are thinking about buying a property in UK. There are many reasons why you might choose to buy a property in the UK. You might...
Inheritance tax (which is normally payable only by individuals) combines some of the features of a gift tax, death duty and wealth tax. Commercial property held through an offshore company is not liable to UK inheritance tax. For most non-UK resident individual property investors, who have had no prior connection with...
if you are buying a property for the sole purpose of renting it out while you move abroad and you also own a family home, from April 2016 you will be subject to an additional 3% stamp duty charge on the purchase price. But that's not all. There are other...
There’s all sorts of reasons why people want to remortgage and borrow additional funds on top of their mortgage. It may be to raise capital to buy a new property, it may be a remortgage to gift some money to family, a remortgage to pay off debts, a remortgage to...
A transfer of equity is a transaction where legal ownership of a property changes hands but at least one of the original owners remains on the title. For example where a couple transfer it into the sole name of one or other of them or a person is added...
A business (also known as an enterprise, a company or a firm) is an organizational entity involved in the provision of goods and services to consumers.Businesses serve as a form of economic activity, and are prevalent in capitalist economies, where most of them are privately owned and provide goods...

Get in touch

114FansLike
0FollowersFollow
1FollowersFollow

Recent Posts

Most Popular

Transfers of Equity and Legal Ownership of a Property

A transfer of equity is a transaction where legal ownership of a property changes hands but at least one of the original owners remains...
non-dom, domiciled expat tax benefits

Expat living abroad : Tax Breaks

Popular expat destinations such as some countries in the Middle East provide options for paying less or even no tax. In fact, many workers...

Expat landlords and ‘Right to Rent’ : Things you need to know

if you are buying a property for the sole purpose of renting it out while you move abroad and you also own a family...

Expat Pensioners Suffer Brexit Blow

There has been no indication that Brexit will remove the rights that non-British workers have to state pension entitlements they have built up here. The...

All about UK Inheritance Tax

Inheritance tax (which is normally payable only by individuals) combines some of the features of a gift tax, death duty and wealth tax. Commercial property...