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“Fawcetts have provided me with excellent financial support and advice during 2 business start ups and continuing growth. I have a dedicated adviser, Nick Jones who plays a key role in the management and strategic direction of my company and is always accessible for routine and impromptu meetings. Through personal experience i have experienced that the size and scale of a business is immaterial to Fawcetts – the commitment is always the same and they really make you feel as though you and your business matters. I have recommended Fawcetts and Nick to my colleagues and will continue to do so. ”

Lou Whiting – Salisbury

“Fawcetts take a very professional approach via every point of contact. We have found each member of their team to be approachable, friendly and most importantly experienced and knowledgeable. The management team would not hesitate to recommend the services of the Fawcetts team to any business regardless of size and industry”

G Blamire – Salisbury

“James has been a huge help to me as I look to incorporate Creativemint, talking me through all the options, offering advice and helping me to feel relaxed and happy about the transition and the subsequent accountancy services I will need.”

Miles Murray – Salisbury

“I have been with Fawcetts since the inception of my business in 2008, and have always been very happy with the service that I have received. Although living in Bournemouth I chose Fawcetts due to their excellent reputation. Whilst there are a number miles between my work base and my accountant; distance has never been as issue as they are always very responsive including responding to emails and phone calls outside of normal office hours and on a couple of instances over the weekend.”

Julian Bennett – Bournemouth

“Fawcetts provide my company with an extremely professional service, their attention to detail gives us great confidence in analysing all aspects of our business performance. Nick Jones, our accountant, takes a real interest in how the farm is operated, this enables future strategic business planning to be carried out in conjunction with his professional advice”

Joe Foot – Dorchester

“James has always gone beyond the traditional approach of just accounting for what we have already done and continues to help us develop our company in testing times.”

Steve Rawlins – Gosport

“James always relishes the prospect of finding a new angle on complex financial problems creating some interesting and workable solutions to ensure that we always maximised our profitability. Fawcetts capabilities are way beyond “doing the accounts” and would a great asset to a any growing company needing a steady pair of hands with creative thinking.”

Robin Sutherland – Hayling Island

“We have found Nick to have an exceptional ability to grasp the issues we have as a law firm operating internationally. His advice is always clear and candid, and he has demonstrated a flair for lateral solutions to many of the problems we have. He helped us to manage our set-up and has guided us as we grow, and is considered to be one of our most trusted advisors.”

Andy Leppard – Somerset

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Latest News

I’m a non-resident landlord. Do I have to file a tax return in the UK?

If you have lived abroad for six or months or more in a year, you are classed as a “non-resident landlord”, and the income you receive from renting out your home whilst abroad is taxable in the UK.

This needs to be declared to HM Revenue & Customs (HMRC), but you do not necessarily need to file a tax return.

Non-resident landlords can choose to be taxed in one of two ways:

  • Through self-assessment (SA). SA tax returns must be filed by the 31 January deadline if you do it online, or by 31 October if you choose to do it by paper. If you haven’t registered for SA, you must do so by 5 October.
  • At source, deducted by your letting agent or tenant.

If you choose to get your rent in full and pay tax via SA, you’ll need to fill in a form NRL1i, found here. If previous tax returns are outstanding, or if tax is owed, your application may not get approved.

Even if you are a non-resident landlord, your £11,500 personal tax allowance still applies.

You might also need to pay Capital Gains Tax if you make a gain when you sell residential property in the UK.

Link: Tax on your UK income if you live abroad

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"Fawcetts take a very professional approach via every point of contact. The management team would not hesitate to recommend the services of the Fawcetts team to any business regardless of size and industry"
G Blamire - Salisbury
"Through personal experience i have experienced that the size and scale of a business is immaterial to Fawcetts - the commitment is always the same and they really make you feel as though you and your business matters."
Lou Whiting - Salisbury
"James has always gone beyond the traditional approach of just accounting for what we have already done and continues to help us develop our company in testing times."
Steve Rawlins - Gosport
"Fawcetts provide excellent support tailored to our business needs. They are always available for advice and have a reassuring and professional approach that makes you feel as though you are their only client."
Brian Keane - Stockbridge
"I have been very impressed by the service and support I have received and I'm looking forward to working with Fawcetts to grow Travel Waves Marketing to the leading Marketing Services Company here in the South West."
Claire Riches - New Forest
"We have been very impressed with the excellent high level of professional service and care that Custom Property Care Ltd have received from Fawcetts Accountants. They have dealt with all our needs efficiently and to a very high standard"
Kelly B - Salisbury
"A breath of fresh air' - Straight forward, understandable, approachable, informative, good value accounting. Xero accounting is so quick & simple to use!! Thank you. I enjoy my side of the deal now!"
Sue S. Devizes
"They are a modern and forward thinking company who love working with small businesses and start-ups; helping them grow online by offering relevant services along with pro-active advice."
Jack McConnell - Bath
"James has been a huge help to me as I look to incorporate Creativemint, talking me through all the options, offering advice and helping me to feel relaxed and happy about the transition and services I will need."
Miles Murray - Salisbury
"Nick has been a great help year on year providing my business with efficient services and ever useful and practical advice."
Mrs Zanne St John Marchmont
"We have found Nick to have an exceptional ability to grasp the issues we have as a law firm operating internationally. He helped us to manage our set-up and has guided us as we grow, and is considered to be one of our most trusted advisors."
Andy Leppard - Somerset
"We would have no hesitation in recommending Fawcett's for any accounting requirements and we look forward to many more years working together with them."
Jeremy Chalke - Salisbury
"I chose Fawcetts due to their excellent reputation. Whilst there are a number miles between my work base and my accountant; distance has never been as issue as they are always very responsive."
Julian Bennett - Bournemouth