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Overseas Owner Tax

Tax services for overseas owners

The rental returns of general properties in the UK are higher than those in Hong Kong. Since the launch of BNO VISA, many Hong Kong people hope to buy properties in the UK and collect rents in order to earn higher rental returns or to have properties for self-occupation when they immigrate to the UK in the future . We can provide customers with professional taxation services to ensure that even if the owner is outside the UK, they can still complete the rent declaration legally and collect the rent with peace of mind. They are not afraid of affecting future immigration applications and causing obstacles due to tax issues.




Tax Consulting

Explanation of UK tax laws and regulations, tax responsibilities of overseas owners

Tax planning

When declaring rental income, if there are circumstances that qualify for tax credits, we can provide customers with professional advice to reduce the tax burden.


Declare tax

Explanation of UK tax laws and regulations, tax responsibilities of overseas owners


Accounting and financial statements

We can complete rent accounting and process financial statements for landlords, so that customers can confirm the records of rental income and expenses of the property, so as to evaluate the overall return of the property.

Register with NRLS

Non-Resident Landlord Scheme (NRLS) refers to the non-resident landlord scheme. We can complete the registration procedures for you to ensure that overseas owners follow the British regulations and pay the taxes generated by the rent. 


Communicate with institutions

If the owner and the tax authority need to communicate about tax issues, we can contact the tax authority on behalf of the owner to help both parties solve the problem.

Overseas landlords declare rental income

If you are not a UK tax resident, you will still need to declare your rental income to HMRC each tax year. In addition, you need to register for the non-resident landlord scheme NRLS and pay taxes through tenants or property management companies, unless you are approved by HMRC to pay taxes directly overseas.


Overseas Owner Tax Rate

basic tax rate


high tax rate


additional tax rate


Reduce tax expenses for overseas owners

When we declare taxes for overseas owners, we will analyze for the owners whether all the tax conditions that can be deducted under the law are applicable, such as property maintenance expenses during the rental period, property management fees, etc., if your property is in If there is still a loss in the case of renting out, we can complete the declaration for you and offset the loss against future annual taxes to greatly reduce the tax burden.

  • How does WONG&YIP Accountants handle tax issues for customers?
    Our professional accountant team is composed of licensed accountants in Hong Kong and the United Kingdom, and serves individuals, companies, and real estate investment in three categories. ‧Personal aspects: We can provide clients with professional assessment and analysis, answer tax-related questions, and handle tax declaration procedures for clients to ensure that all procedures are compliant. ‧Company aspects: We can help customers establish companies from scratch in the UK, handle daily bookkeeping and accounting work, set up payroll systems, contract company accounting services, prepare financial statements, and handle UK and EU value-added tax, etc. ‧Real estate investment: We can handle stamp duty assessment and tax refund for customers, and tax issues for overseas owners.
  • How much is the fee of WONG&YIP Acountants?
    Since the tax issues or handling methods faced by different people are very different, our service charges will be flexible, depending on the needs and circumstances of customers, and we will give customers fair and reasonable quotations.
  • What documents do I need to prepare?
    Since everyone's tax problems are different and the required information is also different, we recommend that customers contact us with WhatsApp first and explain your situation initially. We will discuss the relevant inquiries with customers and then prepare relevant documents for us to improve services. quality and efficiency.
  • How do accountants protect clients' privacy and confidential information?
    All of our accountants are licensed professional accountants. In all cases, the principle of confidentiality will be observed. Unless legal or professional obligations require disclosure, all information will be kept confidential. We will require customers to sign a confidentiality agreement, encrypt the data provided by customers, keep customer information in a safe place, and protect network security through firewalls and anti-virus software. Management customers no longer need to use the data.
  • What are the benefits of finding a professional accountant to handle taxation?
    Our accounting and taxation services can help clients manage their personal or corporate tax situations more efficiently, and at the same time provide clients with professional tax advice, such as providing advice on reducing tax expenses and improving their personal or corporate financial status.
  • What is the use of outsourcing company accounting services? What are the benefits?
    For start-ups, due to limited resources, most of the accounting work will be undertaken by the founders alone. By outsourcing the accounting work to our company, the boss can focus more on business development, and at the same time avoid being unfamiliar with accounting operations or tax systems. resulting in losses. In the UK, the cost of hiring a professional accountant is high. By outsourcing the accounting work to a professional accountant, you can enjoy professional accounting services at a lower price and avoid the problem of hiring the wrong person. Therefore, outsourcing accounting services is often used in many cases. It's all safe practice.
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