News & Updates

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