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Scottish Trust Deed Forum
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Topic starter
19/08/2014 9:16 pm
Hello,
Id be grateful if anyone could answer my question on behalf of my dad.
My dad has outright purchased a house in order to rent it, but already pays 40% tax on his earnings.
His wife only pays 20%, so would be be able to keep the house in his name and use a trust deed to give her entitlement to 100% of the rent profit, thereby only paying 20% tax?
Thanks in advance
19/08/2014 10:26 pm
Welcome to the forum Dio.
I'm afraid we're talking about different types of trust deed.
Your question relates to an agreement regarding property ownership, about which you should take financial and/or legal advice.
This site is about protected trust deeds, a form of personal insolvency under Scottish law.
We don't have the expertise to answer your question here.
Qualified Debt Adviser & Forum Administrator - Ask me anything about Trust Deeds 
