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Old 16.04.2021, 09:15
whitesnow whitesnow is offline
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Re: Impact of not declaring property value abroad on tax and how to correct it?

Thanks for your advice. Yes, my income from the property in the UK is pretty low and below the threshold, I have always filled out my UK tax return since being here. I tried looking for advice on the internet and there is quite a lot of conflicting information. There are a couple of articles that worried me. This one in particular:

I also read somewhere that the value of the property could impact my income tax at a federal level, which worried me as that would mean retrospective correction over the past three years.

Maybe I'll just call the tax office today and explain the situation openly.
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