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Tax on rental

Posted: 13 Oct 2019 06:17
by chandresh
Hi regarding tax for renting a villa . We currently pay tax on our income from the villa in the uk , so how will this affect us with the new pending law on air B and B law
Thanks chandresh

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Re: Tax on rental

Posted: 13 Oct 2019 08:39
by Nigel Howarth
Hi Chandresh and welcome to the forum.

The tax you pay to the Cypriot authorities can be used as an allowance to offset your UK tax liability.

Check out these notes to help you fill in the Foreign pages of your tax return.

Regards,