HMRC Admin 5 Response

Hi 

The profit from the rented property is 100% that of your partner and should be declared in that way, as she is 100%, the beneficial owner of the income.  
Your wife would need to legally, give you a share of the property, so that you jointly own the the property.  
As joint owners of the property, who are married or civil partner, you would both be automatically allowed to declare the rental profit as 50/50 even split.  
As joint owners of the property, both of you can elect to split the income from the property in the ratio of ownership.  
You do this by submitting a form 17 declaration Declare beneficial interests in joint property and income

Thank you

Hi

You would need to keep a total for the tax year to then deduct this from your total disposal for when you report any gain/loss.

Thank you

Hi HKabc202320242025

HMRC cannot advise you on your residence status and as such you have to decide if you are claiming the remittance basis or not.
Further guidance is at Paying tax on the remittance basis (Self Assessment helpsheet HS264)

Thank you
 

Hi venkat.lwapp Kambarajan

Please refer to guidance at Tax on foreign income and
Paying tax on the remittance basis (Self Assessment helpsheet HS264)

Thank you