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RE: Am I classed as non-resident Landlord if posted to Sovereign Base area Cyprus
Hey, yes if you are a serving member of the armed forces posted to SBA you do not need to register as a non-resident landlord and continue to use self-assessment as if you were in the UK. There are different rules for accompanying dependents, though, depending on their exact circumstances. -
RE: Self Assessment when based at Sovereign Base Area Cyprus
Thanks for your reply. The link you sent also states that ‘any other income’ is taxed as per people that live abroad. My wife and I who will be living with me in SBA Cyprus have UK rental income from property which we include in the self assessment- can I continue to include that income and pay the relevant tax using the online self assessment? -
Self Assessment when based at Sovereign Base Area Cyprus
I am currently registered for self assessment and have been for a number of years. I am a member of the armed forces and will be posted to RAF Akrotiri for 2 years later in the year. I will continue to need to complete self assessments whilst there but understand persons overseas do not qualify for the free online self assessment. As SBA Cyprus is treated as being part of the UK for tax purposes, however, can you confirm I can continue to submit my self assessments online when I have a BFPO address. -
RE: Am I classed as non-resident Landlord if posted to Sovereign Base area Cyprus
Thanks for the prompt reply. The links don’t answer the question, however, as I will be living at SBA Cyprus for over 6 months so using that metric my ‘usual place of abode’ will be SBA Cyprus. However, it is classed as being a British overseas territory and part of the UK for tax purposes. Is the department that deals with non-resident landlords able to comment on this or do I need to call the helpline? -
RE: property in my name split rent to my wife
Is your wife named of the property deed? If she is and you are tenants in common, then you can ask a solicitor to produce a declaration of trust stating how much in percentage terms you would like to belong to your wife I.e. 90/10 split. Register this proportionment to HMRC using a Form 17 henceforth allowing you to declare 90% of the rental income in your wife’s name via self assessment, and 10% in your name, using this example. -
Am I classed as non-resident Landlord if posted to Sovereign Base area Cyprus
My wife and I receive rental income from property for which we complete a self-assessment tax return each year. I am in the armed forces and will be accompanied by my wife during a 2 year posting to RAF Akrotiri later in the year, where we will have a BFPO address, which is within the Sovereign Base Area of Cyprus. I recently learnt that personnel posted overseas should register as non-resident landlords and complete a NRL1 application. However, as SBA Cyprus is classed as being part of the UK for tax purposes, can you confirm the NRL1 process does not apply for personnel and dependants posted there.