chris

My tenant vacated a leasehold property I own as a second property at the end of March 2025. I am proposing to sell this property in the tax year 2025/26. I intend to claim on my self assessment form for the service charge I paid in the tax year 2024/25. I work on a cash basis. My question is....I will receive an updated invoice to this 2024/25 service charge from the freeholder in September 2025 which normally adds to the original service charge amount. As this is an addendum to the 2024/25 service charge can I add this to my 2024/25 self assessment form even though it has been declared to me by the freeholder in the tax year 2025/26?

I am the legal owner(100% with no mortgage) and beneficial owner(100%) of a property. I let it to tenants and am responsible for paying tax on the rent and CGT if I sell. I got married last year and I would like to add my wife as 50% beneficial owner to enable us to share the tax burden equally. It would also mean we share 50% of the value when we sell and share the CGT. 1. Can this change to the beneficial ownership be achieved with a declaration of trust? 2. If a deed of trust is applicable and I obtain one do I need to inform land registry or can I leave things as they are? 3. If a deed of trust is applicable and I obtain one do I need to inform HMRC and if so how? Thanks