Buying 2nd property jontly with foreign spouse

[boogster]

Good day,
I am resident overseas and already own a property in the UK in my name which I rent out. I am already considered domiciled overseas and as such do not have tax deducted at source. At the moment my rental income offset by expenses means I am below the tax threshold and am therefore not liable for any tax.

I am in the process of buying a second property in the UK for cash and then renting it out.This second income will put me over my personal tax allowance and I will therefore be liable to tax in the future. My wife is a foreign national and has never lived in the UK. Would there be any advantage to buying the house in our joint names as opposed to just mine ?

Would welcome any advice

Thank You

Boogster

[maths]

By adding your wife to the ownership of the second property you can split the rental income between you and her thus making use of her personal allowance (if she is entitled to it) and lowering your aggregate income tax charge.

The split can be in whatever % desired.

It may be that she should own it 100%.

[boogster]

Thanks Maths

Since posting this I sought professional advice. I have been advised that my wife is not entitled to a personal allowance and therefore there would be no advantage to putting the property into joint names from a U.K. Income Tax perspective.