News Tag Results for "property ownership"

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Property rental income split between spouses...

Q. I am an employee and am liable to income tax at the higher rate. I also receive income from a rental property that I own. My wife does not work. If I instruct the tenants to pay the rent directl... more


Rental property in joint names

Q. My husband and I own a rental property in joint names. We would like to transfer ownership of the property to our twelve-year-old son. Can minors own property in the UK?  A. In this... more