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Options to reduced tax liability on BTL

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  • GDB2222
    GDB2222 Posts: 26,390 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Any solicitor can draw up a simple deed of trust.
    No reliance should be placed on the above! Absolutely none, do you hear?
  • anselld
    anselld Posts: 8,667 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    booksurr wrote: »
    the Form 17 however does need either a declaration of trust or a deed of trust to support the split of beneficial interest claimed on said Form

    If it is done at the point of conveyance then Section 10 of TR1 acts as a declaration of trust and the unequal split of shares can be recorded there. A separate trust deed is not needed.
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