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Posted Sun, 15 Oct 2023 13:01:18 GMT by
Is there anything stopping my family (distant cousin) from become the property manager to my BTL property. They would be invoicing me £1000 per year and would be responsible for answering tenant queries, painting, speaking to trades etc
Posted Tue, 17 Oct 2023 09:40:28 GMT by HMRC Admin 17 Response

Hi,
 
Thank you for your question.

A family member can manage your BTL property.

Thank you.
Posted Wed, 18 Oct 2023 14:53:11 GMT by
Would their £1000 be tax free via the trading allowance?
Posted Tue, 24 Oct 2023 08:43:18 GMT by HMRC Admin 17 Response


Hi,
 
Thank you for your question.

I would advise that in this situation taking into account the information given in your previous question, that if your family member were to become the property manager of your BTL property, they may use the £1,000 Trading income allowance to offset against the income received.

Thank  you
.

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