We explain tax on foreign property in plain English, handle it correctly, and make sure you claim every relief you are entitled to, all at a fixed fee.
Tax on Foreign Property
Owning property abroad brings UK tax obligations if you are UK resident, foreign rental income to declare here, Capital Gains Tax when you sell, and relief for any tax paid in the country where the property is, all of which need handling correctly.
We report your foreign rental income and gains in the UK, claim double taxation relief for tax paid abroad, apply the right treatment, and keep you compliant, so your overseas property does not create a UK tax problem.
UK residents are taxable here on foreign rental income and on gains from selling overseas property, even if it is also taxed abroad, with double taxation relief to prevent being taxed twice, so accurate UK reporting is essential.
The Detail That Matters
Owning property abroad brings UK tax obligations if you are UK resident: foreign rental income to declare here, Capital Gains Tax when you sell, and relief for any tax paid where the property is. With HMRC receiving more international data, accurate reporting matters.
If you are UK resident, rental income from overseas property is taxable in the UK, computed under UK rules and converted to sterling, with allowable expenses deducted. Foreign property losses are pooled separately from UK ones.
Selling foreign property is within UK CGT if you are UK resident, even if it is also taxed abroad, at the 18%/24% rates after your annual exemption.
Where the same income or gain is taxed abroad, we claim credit for the foreign tax against your UK tax, so the property is taxed once overall, not twice.
Under the Common Reporting Standard, HMRC receives data from over 100 countries, so undeclared foreign property income is increasingly detected. Correct reporting protects you from penalties.
Owners of overseas property often do not realise it must be declared in the UK, risking penalties as HMRC's international data grows, or they are taxed twice because the foreign tax credit is not claimed.
Key Figures
How We Help
We declare your overseas rental income in the UK, converted to sterling, claiming allowable expenses so your taxable profit is right.
When you sell foreign property, we calculate the UK Capital Gains Tax and claim relief for any tax paid in the other country.
We claim credit for foreign tax paid on the same income or gain, so your overseas property is not taxed twice.
All the forms, calculations and correspondence handled on your behalf, so you never have to decode HMRC's rules or sit on hold.
A clear fixed fee quoted after a free call, your position explained in plain English, and never a surprise bill.
We act quickly, and where earlier years are involved we put those right too, reclaiming refunds or minimising penalties.
Owners of overseas property often do not realise it must be declared in the UK, risking penalties as HMRC receives more international data. We report it correctly and claim relief so you are compliant and taxed once.
Recent Client Outcome
A UK resident renting out and later selling a holiday home abroad was unsure of their UK obligations.
What we did. We declared the foreign rental income in the UK with allowable expenses, calculated the UK CGT on the sale, and claimed double taxation relief for the tax paid in the other country.
The outcome. Their overseas property was reported correctly, taxed once overall, and kept fully compliant with HMRC.
Reporting it properly and claiming the credit stopped the double taxation and protected them from penalties.
Why People Come to Us
Questions Answered
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