HMRC Admin 20 Response

Hi cclerici,

If you are getting the error and all of the details are correct, you would need to continue trying to reach our helpline.

Contact HMRC

Thank you.

Hi Ih1985,

As you have stated that you actually solely own the property the starting point is that 'whoever has beneficial ownership of the property has beneficial ownership of the income'.
Please refer to the guidance held at:
TSEM9160 - Ownership and income tax: legal background: ownership - income follows property
Due to the fact that the property is not held 'in joint names' then you would not have to make a formal Form 17 election.
Please therefore refer to the following guidance in respect of  making a declaration of trust (to declare your own and your wifes beneficial interests in the property).
This would then enable you to transfer all/part of the rental income to your wife.
TSEM9520 - Ownership and income tax: express trusts - written declaration

Thank you.

Hi Helen Flavell,

If you receive a pension in Australia you should declare this on a Self Assessment tax return under Foreign Income.  You can claim a foreign tax credit for the tax you paid on this in Australia.  If your total income in the UK means you pay tax at the basic rate/higher rate then the additional tax will be collected via Self Assessment.

Like adults, children get a personal tax-free allowance, which is how much income they can earn before paying any tax.

Thank you.

Hi Roman Korshunov,

Only UK residents are required to declare foreign income to HMRC.
So if you were not resident in the UK when the savings transaction took place, no declaration to HMRC is required.

Thank you.