I know that you do not need to register a trust if it is a Schedule 3A trust, and that includes a co-ownership trust set up to hold shares of property jointly owned by 2 or more people as tenants in common.
However, if a married couple has entered into a Declaration of Trust solely in relation to the rental income from a property, and they have submitted Form 17 to HMRC, would that also come under the above exemption?
Many thanks, Jane