TSEM9816 - Property held jointly by married couples or civil partners: The 50/50 rule: Income to which neither of the individuals is beneficially entitled

The 50/50 rule does not apply where neither spouse or civil partner is entitled to any income from the property. For example, a married couple hold property as trustees so that the income belongs to them as trustees only (or to the beneficiaries), and neither spouse is a beneficiary.