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Where Taxpayers and Advisers Meet

Search found 3 matches

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by Monnty
Sun Sep 02, 2018 9:12 am
Forum: Tax Investigations and Enquiries
Topic: Married couple and property income tax nightmare.
Replies: 6
Views: 1370

Re: Married couple and property income tax nightmare.

Thanks, speaking with an accountant next week. We are happy with the calculations, although clearly we're hardly an authority on the matter. P60 will show the high earners consistently being higher and so we will see what develops next week. Recalculated figures may be a bit of a headache asking the...
by Monnty
Fri Aug 31, 2018 10:37 am
Forum: Tax Investigations and Enquiries
Topic: Married couple and property income tax nightmare.
Replies: 6
Views: 1370

Re: Married couple and property income tax nightmare.

It is as is. All income to the same accounts, expenses as a whole rather than trying to determine which property had what spent etc.. Milage collective and treated as a family /individual unit. The difference in wage thus tax liabilities I assume would be minimal. So is it considered worth going dir...
by Monnty
Thu Aug 30, 2018 9:24 pm
Forum: Tax Investigations and Enquiries
Topic: Married couple and property income tax nightmare.
Replies: 6
Views: 1370

Married couple and property income tax nightmare.

Hi, bit of a headache, wife and I own some properties, some individually, some joint. Joint are just down the middle. We do the tax returns with just one of us. It's actually the higher earner who does the returns with all income declared from all properties however the non payer is now under invest...

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