New Rules post Brexit for Non residents who rent out a property as a holiday hom

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    • #238646
      Andy Coombes

      I have been advised that I now have to pay 24% tax on the Gross Holiday income with no allowance for any expenses as I am a non resident and now from a non EC country

      Is this correct ?  Are there any exemptions , ? Is it likely to continue ?

      Any views welcome


      Andy Coombes

    • #238651
      Mark Stücklin

      Yes, post-Brexit tax on rental income will be increased from 19 to 24%, with no tax relief allowed.


      Yes, it is likely to continue for the foreseeable future.

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