Reducing income tax on overseas rental income

Whilst we've covered how to reduce capital gains tax in some detail in this site, income tax on overseas properties is one of the areas that hasn't been given the consideration it deserves. We've rectified this now though! One of our latest articles (Tax deduction secrets for overseas property investors) looks at exactly what expenses you can claim to reduce your taxable rental income from overseas properties. As well as covering the standard type of expenses we've also looked at some of the biggies, such as travelling expenses (which as you'd imagine can be significant for an overseas property).