What is the NRL Scheme in the UK?
The Non resident Landlords Scheme is a scheme for taxing the UK rental income of Non resident landlords. Unless a landlord is registered with the Inland Revenue in the UK, the property agent will deduct basic rate income tax on your behalf. If you do not have a property agent in place, the Revenue will collect the basic tax rate directly from the tenant. Any UK income tax that has been overpaid, can be rebated by filing a UK tax return. This procedure can be avoided, by registering as a non resident landlord in the UK with the Inland Revenue under the Non Residents Landlord Scheme (NRL Scheme). Once you are registered, you can then receive your rental income gross, and can file an annual self assessment tax form for your UK tax returns.
