Gringo

Hello HMRC Admin, I have a jointly owned UK rental property held in trust in which I have a 62% share. The trust is registered and I am the lead trustee. I intend to give half of my present share in the property to my spouse and to include them as a beneficiary in the trust. I understand that the transfer of gifts between spouses will not attract any tax liability. This transfer will be covered by an amendment to the trust deed. I am organising a valuation of the property at the time of the transfer in case of future capital gains liability. I will notify HMRC of the changes to the trust and I see from recent blogs that there is no requirement to complete form 17, but please advise me of any further action I should take including whether the transfer should be included in our self assessment returns. Kind Regards