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Old 16.04.2021, 08:44
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Re: Impact of not declaring property value abroad on tax and how to correct it?

I rent out my house in the uk but the net income is below the uk tax threshold. Years ago I got a note from the UK tax authority that I didn't need to keep filling in a tax form. (but had to tell them if my uk income position changed)

I declare it as an 'asset' as part of my wealth tax and show income against costs (mortgage interest payments) and the net effect is a small charge on my Swiss tax bill.

I wouldn't worry about it until you have to complete a tax form in CH.
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