IN125+ - Independent Taxation Manual: Contents
JOINTLY HELD PROPERTY
Investment income: assets held jointly by a married couple or civil partners: standard 50:50 rule
GENERAL: ICTA88 S282A |
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BENEFICIAL INTEREST, COMMON OWNERSHIP AND JOINT OWNERSHIP |
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SOLELY HELD SOURCES AND INCOME THAT IS EARNED |
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PARTNERSHIPS: INVESTMENT INCOME AND SLEEPING PARTNERS |
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INCOME FROM JOINTLY HELD SHARES IN A CLOSE COMPANY |
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50:50 RULE: ASSET FIRST PUT INTO JOINT NAMES |
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50:50 RULE: NEW SOURCE |
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50:50 RULE: YEAR OF MARRIAGE OR CIVIL PARTNERSHIP: ASSETS ALREADY JOINTLY HELD |
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50:50 RULE: YEAR OF DEATH |
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50:50 RULE: YEAR OF PERMANENT SEPARATION |
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50:50 RULE: YEAR OF DIVORCE OR DISSOLUTION |
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50:50 RULE: YEAR OF RECONCILIATION |
