kartikeyamalhotra
Joined: 9/29/2023
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Taxation on overseas Indian Joint Savings Account
I have an overseas joint savings with my wife in India where she is the primary holder and I am the secondary holder. As per Indian taxation rules, all the interest accrued as well as tax is deducted on her name as she is the primary account holder. How do we report this in our UK tax returns. do we split the income and tax paid since in UK it is split 50/50 or does my wife report it on her self assesment only