Hi,
>
> Couple of questions re best way to minimise tax on rental income... >
> Married couple - one pays higher rate tax
>
> If they own a property, 50/50, is there any flexibility in which of them
> declares the income eg could it all be declared by the person in the lower
> tax band or does it have to be declared in proportion to ownership ie 50/50
> in this example?
>
> If the property were owned only by the higher rate payer, is it legal for
> the lower rate payer to declare the income, thus saving tax?
>
> Id there a formal way to go about this eg what paperwork (if any) would be > required?
>
> Thanks for any info
>
> Regards
>
> AC
>
>