Help with mitigating our tax position?Make Text Bigger
Our BTL mortgage is currently in joint names. As a higher tax payer, I am looking to mitigate my tax costs going forward but am confused as to whether a Declaration of Trust would work in our scenario?
What options are available to us?
My husband pays tax at 20%. Plus what would the CGT implications be as the property was once our family home. We lived there for 9 years, renting it out in Mid-2012.
Any advice is welcome.
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