News & Updates

Can you claim tax relief for making good damage by tenants?

Can you claim tax relief for making good damage by tenants?

Can you claim tax relief for making good damage by tenants?Jess Brooks
Published on: 09/12/2025

When tenants cause damage, landlords often face repair costs, but can these be claimed for tax relief? Here’s how HMRC treats repair expenses, replacements, improvements, deposits and insurance receipts.

Property
Tax implications of letting a room in your home

Tax implications of letting a room in your home

Tax implications of letting a room in your homeJess Brooks
Published on: 09/09/2025

Thinking of letting out a spare room? The Rent a Room scheme lets you earn up to £7,500 tax-free each year. Learn how it works, when to report income, and whether to claim actual costs instead.

Property
Jointly owned holiday lets – Should you make a Form 17 election?

Jointly owned holiday lets – Should you make a Form 17 election?

Jointly owned holiday lets – Should you make a Form 17 election?Jess Brooks
Published on: 09/07/2025

The end of the Furnished Holiday Letting regime changes how income from jointly owned lets is taxed. Learn how a Form 17 election could help you reduce your tax bill.

Property