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Daily Archives: November 19, 2019

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Joint Rental Income

Joint Income, Personal taxBy Harrison Hill Castle & CoNovember 19, 2019

Croner Taxwise have issued the following notes in respect of joint rental income: A married couple (or those in a civil partnership) who are living together and own a rental property in joint names are generally treated as entitled to half of the income each. This deeming rule is found in s836 ITA2007 which states:…

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