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  • FIRST POST
    • bobdylan74
    • By bobdylan74 11th Sep 17, 8:58 PM
    • 3Posts
    • 0Thanks
    bobdylan74
    Personal Tax Allowance
    • #1
    • 11th Sep 17, 8:58 PM
    Personal Tax Allowance 11th Sep 17 at 8:58 PM
    Hello,
    a quick question: if i'm no longer a resident in the uk. am i still allowed a personal tax allowance and if so does that mean i would be liable for tax on the income on from rent on my house if its less than £8,000 per year.

    Any advice would be grateful.
Page 1
    • Dazed and confused
    • By Dazed and confused 11th Sep 17, 9:10 PM
    • 1,850 Posts
    • 819 Thanks
    Dazed and confused
    • #2
    • 11th Sep 17, 9:10 PM
    • #2
    • 11th Sep 17, 9:10 PM
    It depends.

    Does this help

    https://www.gov.uk/tax-uk-income-live-abroad/personal-allowance
    • bobdylan74
    • By bobdylan74 12th Sep 17, 10:32 AM
    • 3 Posts
    • 0 Thanks
    bobdylan74
    • #3
    • 12th Sep 17, 10:32 AM
    • #3
    • 12th Sep 17, 10:32 AM
    Hello Dazed,

    I have already looked at that and that has confused me more.
    I think i will just give them a call directly and ask.
    • 00ec25
    • By 00ec25 12th Sep 17, 4:46 PM
    • 5,321 Posts
    • 4,675 Thanks
    00ec25
    • #4
    • 12th Sep 17, 4:46 PM
    • #4
    • 12th Sep 17, 4:46 PM
    Hello Dazed,

    I have already looked at that and that has confused me more.
    I think i will just give them a call directly and ask.
    Originally posted by bobdylan74
    as per the link its pretty simple
    • I will assume you are a UK passport holder given your choice of username
    • therefore you are entitled to a UK personal allowance whether you live here or not
    • as you will not be living in the UK, but will have taxable income that originates from within the UK, you can offset that income against your allowance. As you say the rental net taxable profit will be 8k you won't pay tax

    equally importantly however is whether you have registered to receive your rental income without deduction of tax in the first place - ie you have HMRC approval under the Non Resident LL scheme ?
    https://www.gov.uk/government/publications/non-resident-landlord-application-to-have-uk-rental-income-without-deduction-of-uk-tax-individuals-nrl1

    whether you have any liability in the country in which you are residing then depends on which country that is and what (if it exists) the double taxation treaty between the Uk and that country says over the treatment of UK rental profit.
    Last edited by 00ec25; 12-09-2017 at 4:49 PM.
    • p00hsticks
    • By p00hsticks 12th Sep 17, 6:34 PM
    • 5,694 Posts
    • 5,313 Thanks
    p00hsticks
    • #5
    • 12th Sep 17, 6:34 PM
    • #5
    • 12th Sep 17, 6:34 PM
    I will assume you are a UK passport holder given your choice of username.
    Originally posted by 00ec25
    and there was me thinking that Bob Dylan's American !
    • agrinnall
    • By agrinnall 12th Sep 17, 8:53 PM
    • 18,541 Posts
    • 14,265 Thanks
    agrinnall
    • #6
    • 12th Sep 17, 8:53 PM
    • #6
    • 12th Sep 17, 8:53 PM
    Born Duluth, Minnesota, May 24th 1941. No evidence of giving up US nationality and becoming a UK citizen that I've ever seen!
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