Wife's tax liability

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  • Cliddy
    started a topic Wife's tax liability

    Wife's tax liability

    I know variations on this question have been asked before, so will keep it brief.
    We jointly own a rental. My share of income needs declaring on tax return, no question.
    But my wife has no other income.
    Does she need to declare it, as it's well below her allowance. I've read that anything over £2500 has to be declared, is this the case?
    Does declare mean a full tax return or just a letter to HMRC?

  • Cliddy
    replied
    Many thanks, have taken the self assessment route. It's a fairly simple process for such limited income declaration.

    Leave a comment:


  • jpkeates
    replied
    Your wife should tell HMRC about her new source of income.
    They will decide how she needs to report her income - it may be a self assessment return or it may be less formal.

    Leave a comment:


  • Kape65
    replied
    Just get her to register with HMRC for Self Assessment, she still needs to declare it.

    Leave a comment:

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