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Where Taxpayers and Advisers Meet

Income tax for foreigner

Mikewhite
Posts:1
Joined:Tue Oct 10, 2017 7:13 am
Income tax for foreigner

Postby Mikewhite » Tue Oct 10, 2017 7:20 am

Hi
I am buying a real estate (student accommodation in Huddersfield), i am forighner, i paid the 50% of the payment, the finla payment will be giver to the lawyer who will handle the paperwork, i have a few question;
1- how much is the income tax, the real estate price is 57,995 GB and it will be finish on on 30/9/2018 2- when should i pay the income tax? 3- i am not resident in the uk and i dont come very frequent, sometime once every two years 4- how could i minimize the tax 5- there is real estate company who is handling the insurance.etc
Please be informed the The management company and landlord are responsible for maintenance repair and insurance of the building

Also, please be informed that In the lease document on the service charge and maintenance,I am the tenant and another british firm is the landlord, as per LR3. I am the landlord in the underlease

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