First BTL House Purchase (Income Tax Transfer to Spouse)

Hi All, we have just had an offer accepted on our first BTL property, so now engaging with solicitors etc! I just wanted to understand the correct way of 'purchasing' the house and what I need to do in terms of transferring any BTL income majority to my wife who doesnt work. I'm in the 40% bracket, so ideally the majority of the income sits on her tax. Is it a case of setting up something now with the solicitors on the purchase, or a form I can complete once the purchase is complete? Any help appreciated. Thanks

Hi
Thank you for your question. Please see the link to guidance provided  Declare beneficial interests in joint property and income

Hi, Thanks it says page not found?

Hi
Can you try it again. I have updated the link.