Can I Use My Wife's Personal Allowance to Claim Tax Relief?
Question My wife & I jointly own one buy to let in equal proportion, 50/50. I pay tax at the standard rate. My wife is a non taxpayer. Can I use her personal allowance to claim tax relief on the income & I pay the remainder?
You have the option of moving more of the ownership of the property into your wife's name, and informing the Revenue on a Form 17. This will shift more of the income into her name, and enable you to utilise all her income tax personal allowance.
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