Tax Notification on transfer to joint names?Make Text Bigger
For tax efficiency purposes I had a property put into joint names – a transfer of title exercise.
Is there a document or form I have to complete and send to HMRC of what I have done ?
My lawyer has done all the other bits relating to the property transaction etc. There is nothing on the HMRC website and try calling them if you can get through, and that’s a big if, a technical question will be referred to a technician who will never phone back.( One wonders why I pay my taxes at times – certainly not for the stipulated services)
My guess is you just declare this on the self assessment but given we have the most complex tax system on the planet common sense is not always obvious to HMRC.
Thanks in advance.
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