Jdjplee2002

Many thanks. Can I ask - since Brexit and being a Uk resident and non resident owner of a Spanish property that I rent out to a tenant I pay full tax to Spain’s authority and cannot make any deductions on the gross rental income eg repairs, bills etc therefore there are no allowable expenses. When it comes to filling g in HMRC FTCR SA106 form what do I include in terms of expenses box 17 SA106?

Hi How do I ask a question on foreign property rental income ? I was given a residential property in Spain in March 2023 which I rent out to a long term tenant. I am a Uk resident & tax payer. I pay up to date tax to Spain tax office for all rental income at 24% rate on gross rental income as no deductions are permitted since brexit. I am now planning on completing a Uk self assessment 2023-24 therefore how do I record this and how do I make sure I do not pay double tax as my entire income will still be under £50k with the foreign rental income and Uk earnings? Thanks