Rent a room relief
The rent-a-room scheme was first introduced by the Government in 1992 to encourage individuals to take in lodgers by offering them favourable
income tax treatment on the rental income received.
The rent-a-room scheme was first introduced by the Government in 1992 to encourage individuals to take in lodgers by offering them favourable
income tax treatment on the rental income received.
It is a question we are often asked, mainly from a tax point of view of
course, and you will probably not be surprised if I say the answer is
generally ‘it depends’!