B Poppy
Joined: 9/28/2024
-
Need Clarity on BTL Income Split
Hello, Please could you clarify our situation as I'm getting more confused the more I read into it... Me and my partner are married. We have 50/50 ownership of a buy to let property. My partner is in the higher tax bracket. I am in the lower tax bracket. I want to keep ownership of the property 50/50 but split income 100% to me and 0% to my partner. Can you confirm this is ok to do so? Do we require to complete anything additional to support this? Thanks in advance!!