Overseas Tax UK

Setting the Overseas Tax Method

This is set via a field per Landlord to switch the mode of calculation.

When creating a new landlord record, the default value of this field will be "Do Not Deduct Tax".

However, when attempting to save an overseas Contact, a prompt will be displayed if the Overseas Tax Method is set to Do Not Deduct Tax.

Select the applicable Tax Method from the options:

• Do not Deduct Tax - resident landlord, no tax deducted

• Do Not Deduct Tax – Handled by 3rd Party - these Landlords will be treated as resident landlords even if they have an overseas address. **NEW**

• Deduct Tax - Balance Minus Expenses - resident landlord, no tax deducted.** CURRENT METHOD**