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Posted Mon, 09 Dec 2024 16:32:09 GMT by dijeah
I have a property in India from which I get rental income. While filing the self assessment, for the "Income from land and property abroad (Property 1 of 1)" section, what value is expected in the box - "Foreign tax taken off or paid: (optional) - Foreign Income 39"? It says "Enter the amount of any foreign tax paid on the let income." Is this the total tax on the rental income in India without the land tax or with the land tax?
Posted Tue, 10 Dec 2024 13:43:53 GMT by HMRC Admin 17 Response


Hi ,
 
Thanks for your question.

I would expect that you would declare the foreign tax deducted from rental income, land tax may be classed as
an allowable property expense so should not be added to rental income tax.

Thanks .
Posted Tue, 10 Dec 2024 16:48:54 GMT by dijeah
Thanks. And this land tax being a property expense, I cannot claim separately if I am opting for the £1000 allowance. Is my understanding right?
Posted Tue, 17 Dec 2024 10:30:47 GMT by HMRC Admin 18 Response
Hi,
Correct.  You either claim the property income allowance or expenses, not both.
Thank you.
 

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