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  • Are expenses split according to beneficial interest on BTL property

    In the last financial year 23/24 I managed to setup the beneficial interest of my BTL property to be 100% in my partner's name who is on a low income. I got the deed of trust and form 17 submitted although it took a fair few months for HMRC to confirm they received it. We will soon be completing our self-assessment and understand that I can now apportion the rental income based on the percentage assigned in the deed of trust from the date of signing. However, I wanted to confirm that the same applies to expenses. I.e Should 100% of expenses that have been incurred since the signing of the deed be allocated to my partner's name? TIA
  • RE: Original Declaration of Trust with Form 17

    Would it also be advisable to send the Form 17 and Declaration of Trust by "Signed for" post? Does HMRC provide any confirmation that they have received these docs successfully?