S0787571
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Flat in Scotland move title deeds to jointly have husband and wife on it
We live in Scotland in a flat where title deed is solely on my name. My wife isn’t on mortgage or title deeds. In future plan to rent out the flat. Where I am a high tax payer than my wife. So I want to move the rental income to my wife and let her do the self assessment without changing remortgage process. On mortgage we both would like to be there. So please do clearly let me know if there is a quick easy process, I declare the rental income will go 100% to my wife, without changing any deeds. Else do let me know the steps in order to take to make this happen. -
RE: Property in my name, can I split rental income with spouse
I am in Scotland and when I bought the flat we live in, the title deeds on my name. Do I need to change title deeds to give my wife major share of the property. As in future if I rent the property, I want the rent to be 100% declared by my wife in annual tax. Please do clearly suggest what needs to be done to achieve this? -
RE: Tax rule while transferring money from India to UK
I am a UK passport holder with NRE account in India. If I repatriate from NRE account to UK or if my parents send , amount equal to 100k. Which is gift from my parents for buying a house, will I be taxed here in UK.