Joint rental property income

A client has rental income from three properties, all of which are held in joint names with his wife. Is it a legal requirement to make two tax returns with each reflecting 50% of the income and expenditure per tax year, or is it acceptable to return all details on one return only?

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yes is the answer

ricardo1 |

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madhumorjaria |

Joint rental income

Gary Wiedell |

Yes

TaxationPete |

Split 50:50

Chris Smail |
Chris Smail's picture

Independent taxation

Euan MacLennan |
Euan MacLennan's picture

Erm

ACDWebb |
ACDWebb's picture

Trying again...

madhumorjaria |

.

blok |
blok's picture

Click on the link below

Nichola Ross Martin |
Nichola Ross Martin's picture

Or start with HMRC's view for free

Chris Smail |
Chris Smail's picture

.

blok |
blok's picture

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madhumorjaria |

joint rental income - share the 'profit'

jane |

Let's read the manual

anvcompton |