HMRC Admin 10 Response

Hi
Thank you for your question.  
Property allowance is £1000 for a given tax year therefore it cannot be used against each property.  
Please refer to PIM4400 :
Property allowance  
and
Tax-free allowances on property and trading income
If, however the property is jointly owned then each owner gets the £1000 allowance. 

Hi
Thank you for your question.  
Agents fees are deductible from rental income, more information can be found in PIM2120:
Deductions: main types of expense: legal and professional costs

Hi
Thank you for your question.
A Deed of Trust is a legal document.
If you transfer a 50% share of the property to your wife by a Deed of Trust then she  becomes the legal owner of 50% of that property for all legal purposes , not just from a HMRC perspective.
For Income tax purposes , the share of the income is treated as being 50/50 .
Should the transfer percentage be other than 50% , then form 17 can be submitted to ask that the income from the property is split in the same way as the ownership of the property.
The 50/50 rule - asset first put into joint names confirms that the income from property is split 50/50 from the date it was put into joint names.

Hi
Thank you for your question.
A rental business cannot deduct the cost of capital expenditure when computing its profit or loss.
This includes the cost of buying and installing fixed assets used in the rental business.
Based on  the assumption that the unit is a 'fixed asset' , you cannot claim the costs incurred.
Capital expenditure on this item can be claimed against any capital gains tax arising should the property be disposed of.
Capital allowances

Hi
Thank you for your question.
Queries concerning Stamp Duty should be referred to SDLT , the helpline is 0300 200 3510 .

Hi
In that case, you send a Full Payment Submission (FPS) reporting the pay date and pay amount for tax and National Insurance for that one employee actually being paid.  
For the other, as they have not been paid, you do not send anything, or add anything to their payroll record.