United Kingdom: Rental income taxes (%).

The tax levied on the average annual income on a rental apartment/property in the country.

Assumptions:

• Gross rental income is /US$1,500/month
• The property is personally directly owned jointly by husband and wife
• Both owners are foreigners and non-residents
• They have no other local income
• There is no mortgage, i.e., no loan is taken for the purchase

In arriving at the pre-tax profit figure, we calculate, and deduct:

• Depreciation / capital allowances if available. We assume a value for the apartment based on our valuation research, and depreciate on this basis.

We deduct any other costs which a landlord normally pays - management charges, buildings insurance, realtor agency fees, etc. We either choose a standard percentage deduction (if available) or typical actually incurred costs. If real estate tax is normally payable by the landlord, we deduct that.

Our rental income tax figures are provided by accountants (see list of contributors). For more details see the Data FAQ.

Source: Global Property Guide Research, Contributing Accounting Firms

The United Kingdom (UK) has among the best housing statistics in the world. The Office of the Deputy Prime Minister is the source of official house price time-series, with annual, quarterly and monthly data available stretching back for aeons. Nationwide, Hometrack, the Halifax, and many other commercial organizations also publish quality UK house price time-series, annual, quarterly, and monthly.

The rents situation is much less good, the only figures being from the Association of Registered Letting Agents (ARLA).