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bigduckontax
bigduckontax, Accountant
Category: Tax
Satisfied Customers: 4208
Experience:  FCCA FCMA CGMA ACIS
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I'm interested in investing in a property Investment

Resolved Question:

Hello, I'm interested in investing in a property Investment company , I would like to know whether I will liable to pay tax In UK, since I am a Maltese citizen and as such I am liable to Withholding tax in Malta.
Submitted: 1 year ago.
Category: Tax
Expert:  bigduckontax replied 1 year ago.
Hello, I am Keith, obe of the experts on Just Answer, and pleased to be able to help you with your question. Please advise me where you reside, then I can help you further.
Customer: replied 1 year ago.
Hello Keith , thanks for your co-operation , I'm Maltese and reside in Malta. Do you want more info?
Philibert.
Expert:  bigduckontax replied 1 year ago.
Any tax in the UK will be, under the Double Taxation Convention between the UK and Malta, be allowable as a tax credit against any liability in the other country on the same cash flow and vice versa. I think that settles your position.
bigduckontax and other Tax Specialists are ready to help you
Expert:  bigduckontax replied 1 year ago.
Thank you for your excellent support. By the by, as an EEA citizen you are entitled to an UK personal allowance, currently 10.6K before your income us taxable.