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Tarby777

Property ownership and the ATO

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G'day folks,

 

With the 0% income tax threshold rising to $18200, I'm keen for the ATO to see the rental income from our UK property as my wife's rather than ours (she doesn't work), and I'm wondering exactly what I'll need to do... get the rent paid into an account that is just in her name? Switch the title deeds for the house in the UK over to her? Get her name on the statements from the estate agent?

 

TIA

Tarby


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Here in Aus you would have to transfer to her and then notify the council of the change of ownership.


Petals

:ssign15:taking no prisoners :wink:

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