Setting up an overseas landlord

Any landlord who lives abroad for more than six months of the year is considered an overseas landlord and therefore must pay tax on any income they receive from renting out properties in the UK.

 Note

As only one NRL Exemption Certificate Number can be added to a Contact record, each overseas landlord added to a property has to be a separate Contact record

To set up an Overseas Landlord:

  1. Click Contacts on the main toolbar
  2. Select the relevant landlord from Recent & Favourite Contacts
    1. Alternatively, find the landlord using the Search Contacts bar in the top right
  3. Click Contact on the side menu
  4. Click the Tax top tab
    1. Select No if an overseas landlord isn't VAT Registered
    2. If the VAT Registered field is set as Unknown, Alto assumes that the landlord is VAT registered and overseas tax will be calculated differently than if No was selected
  5. Click Add Overseas Period
  6. Enter the Overseas From and To dates
    1. If there is no end date, tick Ongoing
  7. Enter an Exemption Certificate Number
  8. If you don't have one, deduct 20% tax in the NRL Tax field
  9. Click Add

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 Note

If there is no Exemption Certificate Number, tax to any income payable going forward will be applied

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