PPRuNe Forums - View Single Post - Renting your house on posting - new tax implications?
Old 23rd Aug 2015, 21:08
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Bob Viking
 
Join Date: Jul 2003
Location: Near the coast
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Renting your house on posting - new tax implications?

If your wife stays at home with the kids you can always transfer it into her name. A solicitor can draft a declaration of trust for you. If she has no other income, the chances are that your rental income will fall below her personal annual tax allowance.

It's worked for our family for a good few years now. Nationwide have also allowed us to be on a consent to let for over 8 years now due to my military employment.

BV
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