Tax on rental

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chandresh
Posts: 1
Joined: 25 May 2013 06:33

Tax on rental

Post by chandresh » 13 Oct 2019 08:17

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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Nigel Howarth
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Re: Tax on rental

Post by Nigel Howarth » 13 Oct 2019 10:39

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,


Nigel Howarth
Independent information & advice for Cyprus property buyers
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