D Le
-
RE: assign income from property to civil partner
Hi, If I do a land registry and assign 10% of the flat into her name can I give her 100% of the income? -
Transfer Rental Income to my civil partner
I would be grateful for help that was accessible to a lay person. I have looked through the forums and find the answers very difficult to understand. I have a buy to let in Scotland. I am civil partnered. I own the property outright - no mortgage. It is in my name only. I want to give my partner the whole income. What do I need to do (in simple steps and language please) to do this such as it is acceptable to the HMRC. Thank you in advance. -
RE: assign income from property to civil partner
Thank you. My understanding was that if one of the flats was bought after we were civil partnered then my partner was deemed to have an interest in the property and as such could take at lease 50% of the income? -
assign income from property to civil partner
I have 2 property's which I let out. One bought before I was civil partnered and one bought after. Only my name is on both property deeds and wish that to remain the case. I would like to give the income from two of the property's to my civil partner who is not working. I wish to retain ownership of both property's. 1 can i give the income from 2 property's to my partner? 2 can any expenses for the property's be assigned to her income tax self assessment? 3 is the form i need to give to hmrc a deed of assignment? 4 where can i get the deed of assignment wording? 5 is there any other document i need to fill in? there seems to be much conflicting information on the various forum threads so i would really appreciate the definitive advice from you given my particular circumstances. thanks