Justin

Hi The flat is only in my name as I owned it before we were married.

Hi I have a flat which is in my name. I owned before i met my wife however it was our home until we moved into a new house and rent the flat out. I have declared the rental profits and we have shared this 50/50 on our tax returns. As I am a higher rate tax payer the rental income puts me over 100k which severely disadvantages us for child care. Can I change the way the rental income is distributed between myself and my wife to keep me under the 100k. can the split be something like 80/20 or 90/10 as i still need to claim the interest as an expense. ive received conflicting information on this and would just like a nice straight forward answer on how to do this. many thanks for your time