fkhan123

Hello , my query relates to the following:- I own a property that i rent out. The property is in my name only. I have made a declaration of trust that states that my wife receives all the rent. Is the declaration of trust sufficient to allocate the rental income to my wife even though she is not the legal owner of the house? Do i need to register this declaration with hmrc via the trust registration portal? if not, then do i need to inform hmrc of the declaration of trust by letter and send the declaration of trust in? My wife will declare all rental income using self assessment. i await your response thanks