Tax advice for Offshore worker

Discussion in 'General Property Investment Discussion' started by Jonathan Wilson, May 10, 2018.

  1. Jonathan Wilson

    Jonathan Wilson New Member


    I work offshore and do not pay tax on my income. I spend 90% of the year out of the UK.

    I’d like to buy a few properties to rent out under my own name.

    Would I be right in assuming that if my rental income from the properties doesn’t exceed £11,850 then I wouldn’t have to pay tax on this income?

    Just to clarify my income is earned offshore and kept in an offshore account and I’m not liable to pay tax on it in the UK.

    I currently have no property or UK investments under my name.

    Thank you in advance!
  2. FWL

    FWL Member

  3. Longterminvestor

    Longterminvestor Active Member

    From that article it looks as though the UK government is keen to introduce new fees (penalties by any other name!) for overseas investors looking to the UK.

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