The Non Resident Landlords (NRL Scheme) scheme is in place for taxing the UK rental income of persons whose usual abode is outside the UK for more than six months.
Some Landlords may find they can receive their income tax free by way of obtaining an Exemption Certificate. Landlords are responsible for obtaining this, and should do so at least twelve weeks in advance of renting their home.
If your property is a managed property, as your agents, will be required by the Inland Revenue to pay any tax liability on rents we collect on a quarterly basis on your behalf at source at the basic rate of 20%.
Landlords will need to complete a form NRL1 (available to download online). For managed properties, you will need an Overseas Approval Number from us to add to the form before submitting. The Inland Revenue will then contact us to confirm you can receive your rent without deductions.