Transfer of Tax liability or not

tiakeztori

Member

Join Date: Jan 2014

Posts: 1
#1

Transfer of Tax liability or not

31-01-2014, 18:49 PM

Please be gentle with me I am new to this!

I previously lived alone in a mortgage property that I changed to a buy to let mortgage when I moved in with my girlfriend who I still live with. We bought a house with a traditional mortgage in both of our names.
My girlfriend only works part time and pays little if anything in the way of tax. I am a 40% tax earner. It seems logical if it is possible to transfer the tax liability I presently have on my original house to my girlfriend.
So the question is:
1. Is it possible to do what I have suggested above?
2. How do I/ we do it?
3. Who do I need to inform?

Thanks in advance
Tags: None
King_Maker

Senior Member

Join Date: Apr 2008

Posts: 1580
#2

31-01-2014, 19:27 PM

Briefly :

1. Yes.
2. By agreement - preferably in writing.
3. No-one.

Do a Search, as this question comes up on a regular basis.
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Transfer of Tax liability or not

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