The following only applies to individuals: If you are a landlord and you are resident abroad for 6 months or more per year, HM Revenue and Customs (HMRC) classes you as a non-resident landlord. (Note that this criterion for non-residency is different from that of non-residency for tax purposes.) Non-resident landlords may have to pay … Continue reading
HMRC states that a company director MUST complete a tax return but does this requirement have a basis in law? The relevant legislation in the form of Taxes Management Act 1970 (TMA) s7 states that it is mandatory for a company director to file a tax return IF a return HAS been issued and IF … Continue reading