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Old 13.03.2020, 15:26
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Can you claim expenditure on a house abroad?

Hi all,

When I moved to Switzerland I rented out my home back in the UK and still continue to do so. It's a small 2 up 2 down cottage style place which I have to constantly maintain due to it's age (built in 1880) and I've been spending a fair amount on it these past few years just to keep it livable for the tenant.

A friend told me recently that I should be able to claim back some of the expense through my Swiss tax return as it is viewed as 'maintaining an asset'. Has anybody here done this before? Or could you advise if you think it would be possible?

As always, many thanks in advance for any advice.
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Old 13.03.2020, 15:33
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Re: Can you claim expenditure on a house abroad?

Where are you declaring the income from the rental?
I put down such items on my UK Tax return.
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Old 13.03.2020, 15:49
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Re: Can you claim expenditure on a house abroad?

For Ct. Zurich tax purposes, the OP can either claim actual (effektiv) expenses for property maintenance or take a 20% deduction (pauschal) against rental income on the property.
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Old 13.03.2020, 17:04
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Re: Can you claim expenditure on a house abroad?

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Hi all,

When I moved to Switzerland I rented out my home back in the UK and still continue to do so. It's a small 2 up 2 down cottage style place which I have to constantly maintain due to it's age (built in 1880) and I've been spending a fair amount on it these past few years just to keep it livable for the tenant.

A friend told me recently that I should be able to claim back some of the expense through my Swiss tax return as it is viewed as 'maintaining an asset'. Has anybody here done this before? Or could you advise if you think it would be possible?

As always, many thanks in advance for any advice.
I put expenses in mine. One puts in rent received and then expenses. Gives net Rent . If you pay a tax on the land ( not the house ) also put that in. In the end you have your net earnings from the property.
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Old 13.03.2020, 17:16
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Re: Can you claim expenditure on a house abroad?

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Where are you declaring the income from the rental?
I put down such items on my UK Tax return.
It goes under

"einkünfte aus liegenschaften"( property income )

All property,value of the property,income etc etc has to be put on the CH return
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Old 13.03.2020, 19:29
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Re: Can you claim expenditure on a house abroad?

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Where are you declaring the income from the rental?
I put down such items on my UK Tax return.
I declare it and pay tax in the UK, but the rent is pretty low so I pay almost no tax, hence I get nothing back for the maintenance costs. I also state my rent income and mortgage payments on the Swiss tax forms.
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Old 14.03.2020, 09:12
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Re: Can you claim expenditure on a house abroad?

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I declare it and pay tax in the UK, but the rent is pretty low so I pay almost no tax, hence I get nothing back for the maintenance costs. I also state my rent income and mortgage payments on the Swiss tax forms.
Then all you need to do is include expenses on your Swiss tax return
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Old 14.03.2020, 09:19
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Re: Can you claim expenditure on a house abroad?

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I declare it and pay tax in the UK, but the rent is pretty low so I pay almost no tax, hence I get nothing back for the maintenance costs. I also state my rent income and mortgage payments on the Swiss tax forms.
U.K. has a large personal allowance, if you pay any tax in the U.K. the rent is not low
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Old 14.03.2020, 09:54
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Re: Can you claim expenditure on a house abroad?

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U.K. has a large personal allowance, if you pay any tax in the U.K. the rent is not low
tax in Australia is 33% for non residents And land tax is around 12%!! Nothing left after the bastards hit you with this. I hate the Australian Govt!!
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Old 14.03.2020, 10:29
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Re: Can you claim expenditure on a house abroad?

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I declare it and pay tax in the UK, but the rent is pretty low so I pay almost no tax, hence I get nothing back for the maintenance costs. I also state my rent income and mortgage payments on the Swiss tax forms.
Do you include the value of the property as part of your 'fortune' as per the law.
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Old 14.03.2020, 10:32
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Re: Can you claim expenditure on a house abroad?

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Do you include the value of the property as part of your 'fortune' as per the law.
If he is paying a morgage then does it not change the situation of declaring the value in the CH tax?
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Old 14.03.2020, 11:13
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Re: Can you claim expenditure on a house abroad?

ah- yes, true. Depends if mortage covers full value, I suppose.
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Old 14.03.2020, 15:00
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Re: Can you claim expenditure on a house abroad?

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Do you include the value of the property as part of your 'fortune' as per the law.
Yes, I include the value of the property.
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Old 14.03.2020, 16:12
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Re: Can you claim expenditure on a house abroad?

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ah- yes, true. Depends if mortage covers full value, I suppose.
The Swiss dont tax either foreign property income or assets, but you do have to declare them.

However, your % tax rate is based on your global income including the UK property, but just applied to the Swiss income.

In terms of wealth tax iirc your debts including UK mortgage are allocated prorata to your total assets, not directly against the UK property.

Bottom line declare it all and let them sort out the math...
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Old 14.03.2020, 16:19
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Re: Can you claim expenditure on a house abroad?

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The Swiss dont tax either foreign property income or assets, but you do have to declare them.

However, your % tax rate is based on your global income including the UK property, but just applied to the Swiss income.

In terms of wealth tax iirc your debts including UK mortgage are allocated prorata to your total assets, not directly against the UK property.

Bottom line declare it all and let them sort out the math...
Yes and it the end the amount of tax with your UK property etc can be alot more as without. So its a tax whether they call it that or not!
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Old 14.03.2020, 17:05
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Re: Can you claim expenditure on a house abroad?

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Yes and it the end the amount of tax with your UK property etc can be alot more as without. So its a tax whether they call it that or not!
Tax and death right...

... by the same token if property is your only UK asset, jointly owned, you can make over 25kgpb net property income before you use up your UK allowances.
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Old 14.03.2020, 17:17
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Re: Can you claim expenditure on a house abroad?

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Tax and death right...

... by the same token if property is your only UK asset, jointly owned, you can make over 25kgpb net property income before you use up your UK allowances.
so whats the income tax rate in UK for UK non residents? THat is the tax rate for people who are considered in UK as non residents for tax purposes.
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Old 14.03.2020, 18:04
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Re: Can you claim expenditure on a house abroad?

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so whats the income tax rate in UK for UK non residents? THat is the tax rate for people who are considered in UK as non residents for tax purposes.

Non-residents can choose to be taxed as a resident (exluding foreign income) or as a non-resident. Differences are mainly in personal allowances and dividend taxation. For most people who come to Switzerland to work, it's beneficial to be taxed as a resident.
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Old 14.03.2020, 18:06
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Re: Can you claim expenditure on a house abroad?

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Non-residents can choose to be taxed as a resident (exluding foreign income) or as a non-resident. Differences are mainly in personal allowances and dividend taxation. For most people who come to Switzerland to work, it's beneficial to be taxed as a resident.
So UK does not have a double tax agreement with CH? Australia does not tax on foreign income as a non resident
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Old 14.03.2020, 19:10
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Re: Can you claim expenditure on a house abroad?

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So UK does not have a double tax agreement with CH? Australia does not tax on foreign income as a non resident

Nor does the UK.
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