My non-resident company receives interest and rental income from UK sources. Are there any withholding tax requirements I should be aware of?
Answer by: abdullah-al-naim
2 months ago
Yes, certain UK-source payments to non-resident UK companies may be subject to withholding tax. For instance, rental income paid to a non-resident landlord may have tax withheld at source unless the landlord has applied to receive gross payments under the Non-Resident Landlord Scheme.
Similarly, interest payments may be subject to withholding tax, though exemptions or reductions might apply under double taxation treaties. It\’s advisable to review specific income types and consult HMRC guidelines to ensure compliance.
