If a landlord is going to be affected by S24 as a higher rate taxpayer but has a child that had no income is there anything stopping a gift to the child?
I accept the income will be taxed on the parent anyway but what will the taxable profit be? The net profit after interest deduction is presumably the figure placed in to the parents comp? If so does this sidestep S24?
Accepting CGT and IHT GROB etc.