Richard Davis

Hi, I own an investment property as joint tenants with my wife. She is shortly to retire and we wish her to have the benefit of all the rental income. I understand that as we are joint tenants Form 17 is not appropriate . I’m therefore intending to create a deed of gift of my half and complete a form TP1 to go to the Land Registry. Should we send a copy of the TP1 to HMRC as confirmation of this change as well please ? If so should this be done on its execution or attached to my or hers next tax return ?