Should you have an emergency situation out of normal office hours we would ask that you contact the relevant tradesman directly (please note the tradesmen will use their discretion as to what is classified as an emergency)
Are you a landlord who is based out with the uk for more than 6 months of the year?
If the answer is yes then you are classed as a non UK resident for tax purposes and as such, the legislation around rent collection by an agent is different for you.
If you are a non UK resident then By law we must deduct tax at source. In practise this means that when we collect your rent we have to take your rental income, deduct any tax deductible expenses ( for example, our fees, any maintenance expenses or factor fees) and pass over 20% of the net income to the tax office. This is done on a quarterly basis.
Should you prefer to deal with your own tax affairs then you should complete a form ( NRL1) provided by the tax office (downloadable here) which once sent to the tax office will provide you with an approval number. Once we have details of your approval number we can pass over the full rental income and you will complete your tax return yourself as normal.
We will issue you with an annual income and expenditure report to allow you to complete your tax return easily! Remember you have a 10% wear and tear allowance per annum too!
Thank you for the email and thank you to fineholm staff in general for how swift this move has been. We're very happy with things so far.
I can highly recommend Fineholm if anyone is looking to rent their property. When I first approached Fineholm to rent my flat they had it advertised and let within a week, that was over 3 years ago and I havnt had one bit of bother. When maintenance was required on the flat this was done very promptly and at a very reasonable cost. I was delighted with the service they offered and I will most certainly be using Fineholm again in the future.
Katherine Murphy (landlord)
Love the pictures! Very happy with them- The brochure/website area look great...It’s been a pleasure to deal with you-you have a great manner and have actioned everything really quickly-great support!