You will be liable to pay tax on any profit generated from letting your property - the amount of tax you pay will depend on your circumstances.
If you are overseas for more than six months in any tax year, you will be regarded as a non-resident Landlord. The current legislation requires us to deduct and pay over to the Revenue tax at the basic rate unless we are in receipt of an exemption letter from the Inland Revenue.
Once we are notified by the Revenue that you are exempt, we will no longer need to deduct tax
Please note that where there are joint Landlords (including married couples) an exemption is required for each Landlord. From the 15th October 2013 applications to obtain an exemption certificate can only be made online, by visiting http://search2.hmrc.gov.uk/kb5/hmrc/forms/view.page?record=Ed5BaOnynis&formId=738
Our staff will be happy to discuss these arrangements with you.