Tag Archives: rent a room

Disclose any undeclared property income

The HM Revenue and Customs (HMRC) Let Property Campaign (LPC) provides you with an opportunity to disclose any undeclared property income. By taking advantage of this campaign, you could get your tax affairs up to date and benefit from the best possible terms. It is always advisable to approach HMRC first because it puts you […]

What is Rent a Room Relief

rent a room

Rent a Room scheme was introduced twenty years ago and still remains a very useful relief when you share your home with tenants. The move was initially made to encourage you as taxpayers to share your spare space. Twenty years on we still have a housing crisis, so the relief remains relevant. So, what is […]