Self-Assessment - Foreign Investors
There have been many cases over the years where people from abroad have invested in properties, businesses or other matters.
It is important that regardless of background and origin then anyone who invest for future returns/income would have to abide by the Legal Obligations that apply in the UK on the UK income.
It is very important at the beginning to appoint an Accountant/Tax Advisor or any other expert in the area to ensure that the requirements are fulfilled.
We have completed a Tax Return for a foreign client who was being sent Tax Return request and after failing to comply they have been receiving late penalties and of course late interest will apply when the tax due is calculated
When Conveyancer/Solicitors are appointed they ask for full contact information, which can be readily made available to HMRC as well as the use of Letting Agents who by Law have to report the Landlord details each year.
We would advise for all investors from Abroad who are currently not fulfilling the legal obligations to reach out to us or anyone who they are referred to
We offer an initial free consultation
Tel: 01212852534
Web: www.secureaccountsltd.co.uk
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