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taxadvisor.uk, Chartered Certified Accountant
Category: Tax
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Experience:  FCCA - over 35 years experience as a qualified accountant (UK based Practitioner)
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I live in the UK and it is where I pay income tax, however

Resolved Question:

I live in the UK and it is where I pay income tax, however I own a house in the Irish republic which I have let for the past number of years. Where do I pay income tax on the surplus. If the tenant pays a withholding tax (20% of gross rent) to the Irish revenue how do I get credit for this.
Barry
Submitted: 2 years ago.
Category: Tax
Expert:  taxadvisor.uk replied 2 years ago.
Hello and welcome to the site. Thank you for your question.

You would pay income tax on the surplus in the Irish Republic and also claim foreign tax credit paid in Ireland against the UK tax.

When completing your UK tax complete supplementary pages SA106. More information on this can be found here

http://www.hmrc.gov.uk/worksheets/sa106-notes.pdf

I hope this is helpful and answers your question.

If you have any other questions, please ask me before you rate my service – I’ll be happy to respond.

taxadvisor.uk and other Tax Specialists are ready to help you
Expert:  taxadvisor.uk replied 2 years ago.
I thank you for accepting my answer.

Best wishes.

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