Share this content
4

SA109

Overseas landlord - cyprus

Didn't find your answer?

I have a client who is a landlord - he moved to cyprus in March 2017 should I complete form SA109 for him due to the split year basis?

Ive not any experience in this area so sorry if its a daft one

 

Kind regards 

 

Jonathan

Replies (4)

Please login or register to join the discussion.

avatar
By jonibarnes
26th Oct 2017 11:02

ive jumped in and posted a bit early - pretty sure i do need to fill out now.

However what difference will this make to his uk liability? He also made a capital loss on a disposal of a property in 2016/17

Thanks (0)
avatar
By gainsborough
26th Oct 2017 11:44

Jonathan, he will still be taxed on UK source income after he leaves the UK.

A couple of things to be aware of - the split year date you enter on the return is not always necessarily the date that the individual left the UK - see RDR3 on the gov.uk website.

Secondly, individuals have to also complete the NRCGT return (within 30 days) if they disposed of a property during the non-resident part of a split tax year. If your client left in March 2017, this will be not be applicable if the disposal took place before he left.

Thanks (1)
Replying to gainsborough:
avatar
By jonibarnes
26th Oct 2017 12:15

Thanks for that so it wont make any difference to the tax liability then. The client wants their uk pensions taking out of UK tax codes. The capital loss was before he moved to cyprus.

Thanks (0)
avatar
By gainsborough
27th Oct 2017 10:42

You would need to check the provisions of the Double Tax Treaty between UK and Cyprus to see if there are any specific exemptions. For the pension, there may be an exemption clause if the pension is taxable in Cyprus. For property, the tax is usually in the country where the property is situated.

Thanks (0)
Share this content