Buy-to-lets in the UK can be incredibly profitable and attract a lot of entrepreneurs. They also scare off a lot of potential landlords because they’re taxed in a unique way.
If you are a non-resident landlord in the UK, you will have to pay income tax on the rent you get from your properties. You will need to do this through Self Assessment which might be intimidating at first.
Our guide will help you figure out how much you owe and give you an insight on how to get ready for the UK tax year.Continue reading