Sandeep Kumar
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RE: Tenants on Common - Rental Income
Hi, Is there any estimate of when one can expect to receive Forms 17 acknowledgement? It has been 3.5 months since I sent it but haven't heard anything back so far. Thanks. -
RE: Tenants on Common - Rental Income
Thanks. I posted the Form 17 with a copy of Transfer Deed as evidence. Will I receive any acknowledgement or confirmation of this? Or do I simply start splitting the income (on self assessment) from the date we signed the Form 17? -
RE: Tenants on Common - Rental Income
Hello HMRC Admin, My wife and I hold the property as tenants in common with 90-10 split of shares. Trasfer Deed to this effect was executed in 2020. We started earning rental income from this property last year (2023). Can you please confirm that for tax purposes, on our self assessment tax returns, can we split the rental income to be same as our 90-10 split of shares? Or do we need to submit any other paperwork or forms (form 17?) before we can split the income this way? Many thanks.