I have a client whose wife owned a property, and when they got married in 1992, she let the property for a small income each month. The property is still in her maiden name
As the income was so low, below the tax, this lady thought she would not have to declare the income, and hence has never registered with HMRC
Would appreciate any answers of how to deal with this with HMRC
I have a client whose wife lived in a property, which was and still is in her maiden name and her home. When they married in 1992, she started to let the property for a small amount each month, well below the tax bracket. She still lets out the property.
Does anyone know how to deal with this income, and how I declare it to HMRC?
Would appreciate any input