vipulkhanna

Thanks a lot . So guess I can just split the rental income for e,g 1000 per month = 12000 as GBP 6000.00 for husband and wife each. Do we do the same for management fee/expenses etc..split in half as the invoices are only on MY NAME and not Mrs name ? Can i not just fill in the Tax returns for just myself as the money comes in our Joint account to make things easier? and Bills/invoices are all under my name?

Hi All, Just filling up Tax returns for Rental income for our old house for the first time. I have signed up for Self assemnent myselft for Tax return but unsure if we as a joint owners will need to fill individual Tax Returns? Came across question below so not sure? Do you have any income from property let jointly? (optional) YesNo Help about: UK Property 02 - Income from property let jointly Watch a short YouTube video on Income from property let jointly. If you own and let property jointly, you only need to put your share of the income and expenses in the 'UK property' section. We tax your shares equally if you live with your spouse.