Rent a Room Scheme Archives | Taxfile https://www.taxfile.co.uk/category/rent-a-room-scheme/ Tax advice & accounting services for South London businesses & SMEs Thu, 13 Mar 2025 14:45:09 +0000 en-GB hourly 1 Letting a Room through Airbnb? HMRC Tracks your Income! https://www.taxfile.co.uk/2018/07/tax-on-airbnb-lettings/ Thu, 26 Jul 2018 15:12:48 +0000 https://www.taxfile.co.uk/?p=2990 Back in late 2015, we forewarned that HMRC was planning to force on-line companies like Airbnb to share customer income data with them. That plan has come to fruition and HMRC is now receiving detailed information from Airbnb and other online providers. The data will tell HMRC about lettings income that may have been previously […]

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]]> Hosts renting out rooms to be targeted by HMRC https://www.taxfile.co.uk/2015/09/hosts-renting-out-rooms-targeted-by-hmrc/ Wed, 23 Sep 2015 18:52:38 +0000 http://www.taxfile.co.uk/?p=1521 Hosts who rent out a spare room could soon see themselves being straddled with an unexpected tax bill if companies like ‘Airbnb’ are forced to share data with UK authorities. Airbnb, the website that allows you to list, find or rent a room in a private residence, has announced that it now has to share […]

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]]> HMRC are clamping down on landlords https://www.taxfile.co.uk/2014/10/hmrc-clamp-down-on-landlords/ Thu, 23 Oct 2014 08:25:19 +0000 http://www.taxfile.co.uk/blog/?p=848 HMRC are constantly reviewing who has and has not declared income properly from letting out property, whether that’s from short-term lets, long-term lets, holiday lets, letting rooms to students or to workforces. And with new, sophisticated, data sharing systems now in full force across many agencies, authorities, online, via tip-offs and surveillance, the Government has […]

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]]> Rent a Room Scheme https://www.taxfile.co.uk/2007/11/rent-a-room-scheme/ Sat, 10 Nov 2007 11:42:00 +0000 http://www.taxfile.co.uk/new-Taxfile-WP-blog/2007/11/rent-a-room-scheme/ If you’re thinking about letting furnished rooms in your home, you may want to take advantage of the special Rent a Room Scheme . Under this scheme you can be exempt from income tax on profits from furnished residential accommodation in your only or main home if the gross receipts you get (that is, before […]

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