Row Of Houses
  • 06 Mar 2018

This tax relief is designed to encourage people to let out a spare room to a lodger and hence increase the availability of low- cost accommodation. In fact, the relief can also cover short-term lets. If you let rooms in your own home by the night through sites such as Airbnb, the scheme can apply, even if the letting amounts to a bed and breakfast business.

The relief covers gross rental income of up to £7,500 per year from letting furnished residential accommodation in your own home. You must live in the same property as the let rooms, though the relief can apply to rent received when you let the whole house for short periods, perhaps while you are away on holiday. It can’t apply to income you get from holiday lettings where you don’t also occupy part of the same property nor can it apply to income from a buy-to-let not simultaneously occupied by the landlord.

You don’t have to notify HMRC that you are claiming the relief if the gross rents received in the tax year don’t exceed £7,500. If the gross rents exceed that figure you must choose whether to be taxed on the excess above £7,500 or on the actual profits from the letting (the gross rents less any allowable expenses).

Welsh land taxes
Tax Calculate
Previous post
Annual tax on enveloped dwellings
Calculator Tax Forms
Next post

58 thoughts on “Rent a room relief”

  1. Hello exceptional blog! Does running a blog like this take a great
    deal of work? I’ve very little expertise in programming however I was hoping to start my own blog soon. Anyways, if you
    have any suggestions or tips for new blog owners please share.
    I understand this is off topic nevertheless I simply needed to ask.
    Many thanks! asmr 0mniartist

  2. Hi! I could have sworn I’ve been to your
    blog before but after browsing through a few of the articles I realized it’s new to me.
    Regardless, I’m definitely delighted I stumbled upon it and I’ll be bookmarking it and checking back frequently!

  3. Hi there excellent website! Does running a blog such as this require a lot of work?
    I have very little expertise in computer programming but I had been hoping to start my own blog in the near future.
    Anyway, should you have any recommendations or techniques for
    new blog owners please share. I know this is off topic nevertheless I just had to ask.
    Thank you!

  4. Write more, thats all I have to say. Literally,
    it seems as though you relied on the video to make your point.

    You clearly know what youre talking about, why waste your
    intelligence on just posting videos to your blog when you could be giving us something enlightening to read?

  5. My developer is trying to persuade me to
    move to .net from PHP. I have always disliked
    the idea because of the expenses. But he’s
    tryiong none the less. I’ve been using Movable-type on a number of websites for about a year and am anxious about switching to another platform.
    I have heard very good things about blogengine.net. Is there a way I can import
    all my wordpress content into it? Any kind of help would be greatly
    appreciated!

  6. Hey there great blog! Does running a blog like this take a lot of work?
    I’ve absolutely no understanding of coding however
    I was hoping to start my own blog in the near future.
    Anyhow, should you have any recommendations or tips for new blog owners please share.
    I know this is off subject but I just had to ask.
    Cheers!

  7. Hey, I think your site might be having browser compatibility
    issues. When I look at your blog in Chrome, it looks fine but when opening in Internet Explorer, it has some overlapping.

    I just wanted to give you a quick heads up! Other then that,
    excellent blog!

  8. Have you ever heard of second life (sl for short). It is basically a game where you can do anything you want. SL is literally my second life (pun intended lol). If you would like to see more you can see these second life authors and blogs

  9. scoliosis
    Thanks for the auspicious writeup. It in reality was
    once a amusement account it. Look advanced to more brought agreeable
    from you! However, how can we keep up a correspondence?

    scoliosis

  10. scoliosis
    Hi to all, how is all, I think every one is getting more from this web site, and your views are fastidious for new viewers.
    scoliosis

  11. Great goods from you, man. I have understand your stuff
    previous to and you are just too wonderful. I really like what you have acquired here, really like what
    you’re stating and the way in which you say it.

    You make it enjoyable and you still care for to keep it smart.
    I cant wait to read far more from you. This is really a tremendous website.

  12. After looking into a number of the blog articles on your blog, I
    truly appreciate your way of blogging. I saved as a favorite it to
    my bookmark website list and will be checking back in the near future.
    Take a look at my web site too and tell me your opinion.

  13. Hi my family member! I want to say that this post is amazing, nice written and come with approximately all significant infos.

    I would like to peer more posts like this .

  14. I do not even know how I ended up here, however I believed this put up
    used to be great. I do not realize who you
    might be however definitely you are going to a well-known blogger should
    you are not already. Cheers!

  15. I’m curious to find out what blog system you happen to be utilizing?

    I’m experiencing some minor security issues with my latest blog and I would like to find something more risk-free.
    Do you have any suggestions?

  16. Have you ever heard of second life (sl for short). It is basically a video game where you can do anything you want. SL is literally my second life (pun intended lol). If you would like to see more you can see these sl websites and blogs

  17. Have you ever heard of second life (sl for short). It is essentially a online game where you can do anything you want. Second life is literally my second life (pun intended lol). If you want to see more you can see these second life articles and blogs

  18. Have you ever heard of second life (sl for short). It is basically a game where you can do anything you want. SL is literally my second life (pun intended lol). If you want to see more you can see these sl websites and blogs

  19. Have you ever heard of second life (sl for short). It is basically a game where you can do anything you want. SL is literally my second life (pun intended lol). If you want to see more you can see these Second Life authors and blogs

  20. Have you ever heard of second life (sl for short). It is basically a online game where you can do anything you want. sl is literally my second life (pun intended lol). If you would like to see more you can see these Second Life authors and blogs

  21. Have you ever heard of second life (sl for short). It is essentially a game where you can do anything you want. SL is literally my second life (pun intended lol). If you would like to see more you can see these Second Life websites and blogs

  22. Have you ever heard of second life (sl for short). It is basically a online game where you can do anything you want. sl is literally my second life (pun intended lol). If you want to see more you can see these second life authors and blogs

  23. Have you ever heard of second life (sl for short). It is essentially a game where you can do anything you want. sl is literally my second life (pun intended lol). If you want to see more you can see these sl websites and blogs

  24. Have you ever heard of second life (sl for short). It is basically a video game where you can do anything you want. Second life is literally my second life (pun intended lol). If you would like to see more you can see these sl websites and blogs

  25. Have you ever heard of second life (sl for short). It is essentially a game where you can do anything you want. Second life is literally my second life (pun intended lol). If you would like to see more you can see these Second Life articles and blogs

  26. Have you ever heard of second life (sl for short). It is essentially a online game where you can do anything you want. SL is literally my second life (pun intended lol). If you would like to see more you can see these sl authors and blogs

  27. Have you ever heard of second life (sl for short). It is basically a online game where you can do anything you want. Second life is literally my second life (pun intended lol). If you would like to see more you can see these Second Life authors and blogs

Leave a Reply

Your email address will not be published.