Very basic question here (I think...)
I am considering moving permanently to live and work overseas (australia).
If I received an income from a property let out in the uk, do the uk tax brackets apply. i.e. do I receive the £11.5k tax free allowance, then up to £45k at 20% rate, on any income made in the UK (which will effectively be only the property rental income).
Or does income made overseas get counted towards moving me into a certain tax bracket, for example I make in salary overseas equivalent to £45k meaning I immediately pay 40% tax on rental income made in the UK.
Thank you in advance.
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