Foreign property schedule
The Foreign Property schedule helps report foreign rental income, import income and expenses, claim foreign tax deductions, and make end-of-year adjustments.
About the Foreign Property schedule
The Foreign Property schedule lets you:
- Report foreign rental income received during the tax year by manually adding new rental properties.
- Import your client's income and expenses from a spreadsheet for quarterly updates.
- Claim deductions on foreign taxes paid.
- Claim reliefs and allowances.
- Make end-of-year adjustments in the annual summary.
Digita calculates assessable amounts based on the information that you enter or import. You can review these calculations in the
Computation Summary
report. You can also review the tax liability in the Payments on Account
and Client Payment Advice
reports.You can also find detailed quarterly and annual reports for foreign property.
Before you begin
Import your client's registered businesses from HMRC before entering data. Refer to the HMRC Import Help Guide for detailed instructions.
Digita automatically creates child pages for each business HMRC provides on the
Data Entry
screen.HMRC links and guidance
Use the following GOV.UK guidance when you need more information about property reliefs and allowances.