Rowland
Member
- Location
- Northeast England
That’s why you do a deed transfer and use a solicitor to draw up the docs and put it in how ever many names you want. We added our wife’s names to the deeds making 6 allowances. All docs drawn up by solicitor and submitted to HMRC by very reputable Accountants. Probably did the 1st one 10years or more ago and one a year for the following 6-7years . It was the solicitor’s idea .I would take care here:
Using joint allowances is only possible if everything is in joint names, and even then only a % is possible, not the full ammount.
You may have done it, that doesn't mean it's acceptable to HMRC.
HMRC can go back years, so don't be surprised if they catch you out.
...........and of course, you can only use your allowance once.