Tax briefing: Non-residents investing in UK property
UK property investment can be highly attractive for overseas investors. A favourable tax regime includes no capital gains tax and several notable deductions, which can enhance after-tax returns.
A non-UK resident special purpose vehicle (SPV) investing in UK property will be taxed at the income tax rate of 20 per cent on net rental income received from that investment. This tax rate compares favourably with the rate of UK corporation tax, which currently stands at 24 per cent.
Investors can typically receive rental income gross by registering under the non-residents’ landlord scheme. This therefore eliminates any UK withholding tax obligations on the rental income the SPV will receive…
If you are registered and logged in to the site, click on the link below to read the rest of the Nabarro briefing. If not, please register or sign in with your details below.
Click on the link above to download briefing.
Sign in or Register to continue reading this article
It's quick, easy and free!
Why register to The Lawyer
More relevant to you
News from The Lawyer
Analysis from The Lawyer
Nabarro senior partner and self-confessed “IT geek” Graham Stedman is heralding a major set of investments in technology ahead of the firm’s move to 125 London Wall this year.
Clients are more willing to bring claims against professional service providers but the risk to defendants is not as dramatic as it might seem