Meg Saksida considers why clients might need the let property campaign and outlines the potential advantages
For landlord clients, whether they are UK resident or resident abroad, if they receive income from a let property in the UK, they are liable to UK income tax on the profits generated from that activity.
However, there is a lot of confusion with landlords who live abroad. It may be that they are in a jurisdiction that does not charge tax on overseas rental income, so they incorrectly think that their UK income is exempt. It may be that they do not make a profit on the income from their rental property, or the profits fall under their personal allowance, so they do not feel they need to report the income. It could be that having applied for exemption from the non-resident landlord scheme, they erroneously understand that the income is not taxable. In the case of a UK resident landlord with property in the UK, it may
