UK Non-Resident Landlord Scheme

The UK Non-Resident Landlord (NRL) Scheme requires landlords residing outside the UK but earning rental income from UK properties to follow specific tax procedures. Under this scheme, letting agents or tenants who pay rent directly to a non-resident landlord must usually deduct basic rate tax before transferring the rent. This ensures rental income is taxed even if the landlord is overseas.

Non-resident landlords can apply to receive rental income without these deductions if they plan to handle tax via Self Assessment. By applying to HMRC, eligible landlords may receive full rental payments, simplifying cash flow and reducing administrative hassle. Approval is essential to avoid unwanted deductions, and staying informed on eligibility and obligations under the NRL Scheme is crucial for both landlords and letting agents.

GnC Accounting specialises in supporting landlords with tailored guidance on managing their UK tax obligations under the NRL Scheme. We assist clients in understanding their eligibility, navigating the HMRC application process, and ensuring tax compliance. Our experts can help clarify whether applying for non-deduction is right for you, ensuring you keep more of your rental income while maintaining a stress-free approach to tax.

For professional advice on the NRL Scheme or assistance with your tax needs as a non-resident landlord, contact GnC Accounting today. We’re here to help simplify your tax responsibilities, so you can focus on maximising the benefits of your UK property investments.