jaishah11
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Transferring Rental income to Wife - Sole owner, Leasehold property
Hi, I am a sole leaseholder for my lease hold property with 175 years of remaining lease. I wish to put my property on rent and buy / move to another property. I am on a high tax bracket and my wife does not have any taxable income at this moment. How can I transfer the rental income of the leasehold property to my wife so we can make use of her tax allowance? Regards, Jai