Check out the new websites that we will be moving to soon - [England](https://england.landlordsguild.com) or [Wales](https://wales.landlordsguild.com)
Check out the new websites that we will be moving to soon - [England](https://england.landlordsguild.com) or [Wales](https://wales.landlordsguild.com)
powered by bulletin

Question

Tax (England)

Is income deemed to be 50/50 for a property owned by a married couple?

17 Jun 2017 | 1 comment

If a rental property is owned 100% by the wife is the income deemed to be received 50/50 by the husband and wife or 100% by the wife?

Answer

1 Comment

  1. guildy

    Looking at the HMRC guidance, it looks like it’s based on the shareholding of the property. From the guidance, it seems the 100% owner will receive 100% of the income. However, the shareholding can be changed so as to split the income.

    As a Guild subscriber, you can speak to an accountant for 10 minutes free.

Submit a Comment

View your previously asked questions. (Will only show questions from August 2020)

(Link above back to topic only works for questions added after end of August 2020)