Tag Archives: Rent

If you sub-let a furnished room within your home to a lodger, the ‘Rent a Room’ scheme is well worth looking in to. The scheme allows the homeowner to receive up to £7,500 tax-free rental income if certain conditions are met. The annual limit for the tax years 2018/19 and 2019/20 is £7,500. If theContinue reading “Rent a Room Relief”