John Leslie Crawford

I am one of the four trustees for a Bare Trust with my 7 month old Granddaughter being the beneficiary. The Trust holds a rental property generating around £15k p.a. income. This Tax year the income will be below the current Tax Free Allowance. I have already registered the Trust & Trustee details with HMRC. Do the property details now need to be entered immediately, and if so, where, or can they be declared when completing an SA100? Income Tax will not be due until 2025/6 at the earliest, so do I complete an SA100 for my Granddaughter after April 5th 2025 or after April 5th 2026. Comprehensive digital income/expenses accounts will be maintained along with records of all the Trustees decisions on mamaging the Trust.

I am aged 80 and have been completing an SA100 and other pages for more than 45 years. I pay tax on Pension, savings etc. I am considering starting work, part time, for my son who has no other employees and will earn around £12,500 p.a. My work time and place will be flexible and I currently do not work for anyone else but this is a possibility in the future. Is it acceptable, as I am not liable for N, because of my age, and earn below the normal taxable level, to register as self employed, or must I become an employee of my son?

Holding property in husbands sole name and ownership for several years ,then married in 22-23 Tax year. Husband paying Tax on 100% of profits for several years previously. Transfer part ownership to wife during the 23/24 Tax year. I believe profits will now be liable to 50/50 tax between self and wife . Is the 50/50 Taxation rule now applicable to the full Tax years profits or just from the date of notifying the Land Registry of the change of ownership to include the Wife?