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Jointly owned holiday lets – Should you make a Form 17 election?
Read this article to find out why, following the end of the FHL regime, spouses and civil partners who jointly own a holiday let should consider whether a Form 17 election is beneficial.
Jointly-owned property – who pays the tax?
Where property is jointly-owned, the way in which the rental income can be split between the joint owners for tax purposes depends on whether the joint owners are married or in a civil partnership or not.