P85: Income from property

Hi, A question relating to expected rent for the tax year after leaving UK on P85 form. If I own the property with my wife, do I enter half of the expected annual rental income on my P85? As the income is jointly received. Thank you for the guidance.

Hi,
 

Thank you for your question. HMRC’s default position is that where someone lives with a spouse or civil partner, and has income from property, which is in joint names, the income must be split and taxed in equal shares, 50/50. Thank you .

Thank you for the quick response. One additional question is relating to the date of leaving. Is this the date I left & gained residency or the date when my UK employment ended, and Spanish employment started?

Hi ,
 

Thank you for your question. This is the date of your departure from the UK. Thank you .

Thank you again for the assistance. I have just got to the final page of P85 where it asks if I would like to claim repayment now. What is the guidance if I will very soon be completing Self Assessment for relevant tax year. Claim via P85 or Self Assessment? Also will this be aligned with the double taxation Spain agreement i.e what is refunded I then declare for tax in Spain?

Hi Simon H,
Thank you for your question.
As this forum is designed for Income from Property and related expenses questions, your question would fall out of scope as such. I would advise to contact the PAYE helpline on 0300 200 3300 or go online at GOV.UK The best place to find government services and information.
Further guidance can be found here: Income Tax: general enquiries.
Thank you.