dave and ange Posted October 19, 2008 Share Posted October 19, 2008 We are going to be renting our home out in the UK whilst living in Oz. Does anyone know what tax has to be paid either in UK or Oz and how you can reduce the amount that you pay? Thanks in advance for any help. Ange Link to comment Share on other sites More sharing options...
Guest steza1975 Posted October 26, 2008 Share Posted October 26, 2008 Hi Dave and Ange, My partner and I are in exactly the same position as you as we are planning to rent out our London flat in Feb 2009 when we move to Oz. We are currently investigating the tax implications but from what I have been told we will be liable to pay UK tax but I am unsure how much this will be and also what costs can be claimed from it. Once I get more info I will pass it on. Good luck with the move Link to comment Share on other sites More sharing options...
Guest steza1975 Posted October 26, 2008 Share Posted October 26, 2008 Me again, You may also want to check out HM Revenue & Customs: The Non-resident Landlords Scheme Link to comment Share on other sites More sharing options...
Guest ditsyruth Posted October 27, 2008 Share Posted October 27, 2008 We intend to move next summer and will be renting our house too. We are also wondering about the implications regarding tax in Oz. We have three children and will greatly benefit from Family Tax and were also wondering does it classify as income toards this. Ruth, Ben Fin, Darcy & Marnie Link to comment Share on other sites More sharing options...
Guest earlswood Posted October 27, 2008 Share Posted October 27, 2008 Me again, You may also want to check out HM Revenue & Customs: The Non-resident Landlords Scheme So you have to pay tax on any rent you receive while abroad :sad: does not seem fair to me to be honest. Link to comment Share on other sites More sharing options...
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