Declaration of Trust and expenses splits
Tax Planning and Financial

0 Thanks
30 Posts
9 months ago


Do you know when a deed of trust is in place and the beneficial ownership percentages have changed are the expenses occurred split the same for tax return purposes?


Owner A as beneficial interest of 90pc of the rental income B has the remaining 10pc - are the expenses for tax return purposes 90pc recorded for A and 10pc for B?

I hope this is clear any advice be appreciated 

I know you are not allowed to give direct tax advice.

Many Thanks

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