Hi
I'm a 40% tax payer(PAYE) and own a couple of BTL properties which my husband managers. In practice we jointly own the properties, but his name is not on the mortgages because he is not currently employed - looking after the properties is his only job. I currently pay tax on the income from these properties via self-assessment. If my husband were to register with HMRC as a sole trader, with property management as his business - I am assuming this would release me from having to submit self-assessments in the future. Is that right?
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