This website provides access to all the forms to get you started, including:
- HM Revenue & Customs forms
- SA1 (Registering for Self Assessment and getting a tax return)
- 64-8 (Authorising your agent)
- NRL1 (Non-resident landlord scheme)
Also provided, is a Microsoft Excel workbook, which you can download, to record all your income and expenditure on your rental property.
The site also includes a comprehensive section of Frequently Asked Questions, and technical notes covering a broad range of topics including:
- the basis of taxation of property income
- self assessment
- tax penalties for misdeclaration
- late filing penalties
- allowable expenses
- wear and tear allowance
- depreciation – capital gains tax
- income from abroad – residency and domicile
- non-resident landlords
- lease premiums