Balakrishnan Bhaskaran
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RE: Income from Overseas Properties can be split (90%:10%)?
Thanks. This answers my questions.
I have one other question:
For declaring income under "foreign property income" category, does it matter if the income was generated by letting the property as "furnished holiday let" or as "assured short term tenancy" in a non-EEA country?
Can we club them together and declare as foreign property rental income in our SA?
Thanks -
RE: Unvested Performance Share Plan from my employer
Thanks. Are there any relevant HMRC documents that can provide more info? I understand from my company documents that if I held the awarded shares in the same company sponsored platform for 5 years, then there is no tax liability for me. Just want to get more clear information. Thanks Balakrishnan -
Unvested Performance Share Plan from my employer
Hi, For the first time, I have received "unvested" shares this year from my employer in the UK. Should I report now, or when it is vested in 3 years time? Any pointers or relevant HMRC documents would be helpful. Thanks Bala -
Income from Overseas Properties can be split (90%:10%)?
Hi Team,
My wife and I jointly own properties in India.
They are let out but the rental income is very uncertain and it goes up and down from one year to the other.
We have been declaring the Indian rental income through Self-Assessment to HMRC at 50% each. I have two questions:
1) Can we both claim rental allowance of £1000 each (we don't claim any property maintenance expenses etc separately)?
2) Can we split this rental income 90% to my wife and 10% to me?
If so, what do I have to do for this to happen.
If this can be done, do we still claim rental allowance of £1000 each?
Thanks
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