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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Tax on rental
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Re: Tax on rental
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,
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
Contact Nigel Howarth
Read the latest Cyprus property news
Independent information & advice for Cyprus property buyers
Contact Nigel Howarth
Read the latest Cyprus property news