RetireJapan

Do you go through letting agents and get the rent paid gross? Just checked and we receive the rent paid gross (management fee + VAT). If I do indeed submit the NRL1 form, how does tax reporting differ for me (paying tax in Japan) and my friend (paying tax in the UK)? As a resident in Japan, you hav...

I also jointly own a property with someone else, if you've filled out the NRL 1 form you should get the rent gross and only declare what goes into your bank account on the tax return. To the best of my knowledge, we've never filled out the NRL 1 form :? Do you go through letting agents and get the ...

Thanks for the answers. Will use the personal allowance :D. Follow-up question about non-resident landlords and the NRL1 form. I joint own the property with someone who is still a UK resident. What's the proper procedure here? I haven't actually seen if the management company deducts tax automatica...

Thanks for the answers. Will use the personal allowance :D. Follow-up question about non-resident landlords and the NRL1 form. I joint own the property with someone who is still a UK resident. What's the proper procedure here? I haven't actually seen if the management company deducts tax automatical...

Hi all!

Japanese resident and I'm submitting my UK self-assessment tax return (via a third-party software) for the first time. Before I submit it, I want to confirm whether or not I'm eligible for the £12,570 personal allowance via a double-taxation agreement (DTA)?

Thanks in advance.

My backdated payments are finally reflected on the Govt. website! Here's my timeline: - Sent application for class 2 payments early Sept 2021 - Received acceptance letter mid-Dec 2021 - Made voluntary payment (for class 2 years) late Dec 2021, followed by a phone call to let them know - Govt gateway...

Huge thanks to all for your replies - they've been very helpful. I actually also share a buy to let with another person in the UK but it does not have a mortgage. In answer to your questions 1. Have to do both UK and Japanese tax return. Are you letting it through an agent if you are, they have to r...

Hi all, In November 2021 a friend (who lives in the UK) and I started renting out our jointly owned property (UK) and I would like to understand how to handle the tax implications of this. Firstly, some background about myself: - Have been in lived in Japan for over 5 years - Standard company employ...

My suggestion is, after you have paid, to send them a letter explaining what years the payments are for. They are still likely to mess it up and not apply the payments correctly until being pushed 3 or 4 times, but eventually they will get there (hopefully, I made my payments in August and I still ...

Thanks. I realised shortly after posting that I was being stupid and not reading the instructions enough :). Another question which doesn't seem to be answered by the wiki: I have a total of 7 years repayable. Two of those are repayable at Class 3 rate (~£800) and the other five are Class 2 (~£160)....