Property Rental Tax Creep
Manage episode 384846813 series 3053684
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The Living & Working Abroad Show #101 In this weeks stream, we delve into the intricate world of financial regulations and their impact on overseas property rentals. Our focus is on the significant strides made in anti-money laundering (AML) measures and the evolving landscape of tax obligations for property owners across various countries. Key Highlights: A detailed look at how financial information exchange regulations introduced a decade ago are influencing property rentals. Insight into the UK Tax Reports since 2020, highlighting the new requirements for property rental agents and owners. Analysis of different tax models in countries like Italy, Cyprus, and the UK, and their implications for property owners. An overview of how platforms such as AirBnB, Hotels.com, and Bookings.com are adapting to these regulatory changes. Information on the role of banks in monitoring funds and the obligations for property owners under the new AML regulations. This video is an essential resource for property investors, rental agents, and anyone interested in the international real estate market. Stay informed and ensure compliance with the latest tax and financial regulations affecting property rentals. 📖 Read the blog https://proactpartnership.com/blog/property-rental-tax-creep --- 📧 Subscribe to our newsletter https://proactpartnership.com/subscribe 🔗 View all my social's https://linktr.ee/proactpartnership 🗓 Book a free online review https://proactpartnership.com/free-review 🛍️ Visit our online store where you can access our expat services https://store.proactpartnership.co.uk/ ⚡️Become a retained client https://store.proactpartnership.co.uk/retained-client-service
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