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Posted Tue, 12 Sep 2023 20:50:08 GMT by renee48 Yip
My husband and I own a property to rent out. It is 50/50 basis. When we are filling in our tax return, should we: (a) declare half the total property income on each self-assessment form ? (b) declare half the total expense on each self-assessment form ? Thanks.
Posted Tue, 19 Sep 2023 13:43:46 GMT by HMRC Admin 17 Response

Hi, 
 
Yes, when you and your husband fill out your tax returns, you should each declare half of the property income,
and you should each claim half of the expenses.

Thank you.

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