Self-Assessment Help Required Please

[Summerslimtime]

Hi, if I rent out a property that I own 80% of, I only declare 80% of rent.

Do I also only record 80% of insurance and 80% management fees etc?

Thank you!

Yes, you are correct. If there’s a note section, you could put details there of the situation and who owns the other 20%.

Thank you for your reply!

Yes

I assume that you have the %'s agreed with HMRC

It's always been done that way and we have the correct documentation.