Normally, a good letting agent will look after this and pay the tax to the revenue.
-unless there is a legal obligation on the landlord. Is there?
Hence, in my original post, the word "good" was in bold!Problem is it's near impossible to find a good letting agent.
I live abroad and do not have an agent and no 20% deduction (I do pay for collection of rent and organising repairs etc - OP should definitely have someone hired to do this).
Is there any Revenue penalty or comeback to the overseas landlord if the tenant/agent has negelected to deduct the 20% ?
If no, then surely the landlord doesn't really want a "good" agent who'll cost him 20% extra. Frankly, if I was living abroad I'd hardly remind the tenant/agent to deduct 20% -unless there is a legal obligation on the landlord. Is there?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?