My feed
Premium

Please
or
to access all these features

Discuss investments with other users on our Investment forum. For more advice read our tips for saving for your child's future.

Investments

BTL income advice

1 reply

Ninjamouse · 13/08/2014 23:13

Can anyone please offer us some advice/experience.......
We're just in the process of buying our first btl house using some inheritance money. Dh earns just over the 40% tax threshold and I'm a SAHM and therefore have no earnings. Is there anyway we can jointly own the house and have me down as earning the income?

OP posts:
Report
FanSpamTastic · 13/08/2014 23:20

You need to jointly elect that the income from the house belongs to you alone. If you look at the hmrc website you should find some guidance. Google "HMRC declaration of beneficial interest in property" and it will come up with the form.

Report
Please create an account

To comment on this thread you need to create a Mumsnet account.