self assessment as joint tenants

I own only one rental property with my father, and he takes 100% of all the rental income. It's not a business, and he pays for all the repair expenses that occur. I have read HMRC guidance documents; however, I am still confused about whether I need to submit a self-assessment. My father will submit a self-assessment as he takes the 100% rental income. Am I correct in making the assumption that I don't need to submit a self-assessment as my share is 0% of rental income? (the property is owned as joint tenants, not tenants in common)

Hi ,
 

Thank you for your question. To split the rental income in unequal share, both parties must have a beneficial interest in the ownership of the property. This must be done by redigesting both parties on the property Deeds and to submit a Deed of Trust signed and witnessed accordingly to HMRC, showing the percentage split. PIM1030 - Introduction: jointly owned property & partnerships    -  Compliance Handbook  . Thank you .

I have read few guidances but still need clarification as some guidance say that if you are joint tenants and not in a marriage or civil relationship, you do not need a written formal agreement on the unequal share of the rental income. Therefore in my case, my father takes 100% of the rental income, I don't have anything to declare, as my ratio is 0% hence does this constitute no self assessment on my behalf?

Hi ,
 

Thank you for your question, this is correct. Please refer to : Work out your rental income when you let property Property jointly owned but not with a spouse or civil partner  . If you own a property jointly with another person who is not your spouse or civil partner your share of the rental profits or losses will usually be based on the share of the property you own, unless you agree a different allocation.  If you receive no profit from the rental property, a tax return will not be required. Thank you .