Televisionstand Reed
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RE: Rental income transfer to my wife
Can you confirm If my husband solely owns a Buy to Let Property that has a mortgage and he is a higher rate taxpayer that we can do a Declaration of trust created by ourselves that gives me 100 percent of the rental income as the lower tax rate payer I would then declare this on a Self Assessment return . We would not have to send the trust document to HMRC ? Would we need to register this trust with HMRC ? Thanks in advance for the information