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Use the property allowance to make tax-free income from renting your drive
Read this article to find out how to benefit from the property allowance to earn tax-free income from renting your drive. #propertyallowance
Making use of the property income allowance
You can earn a small amount of income from your properties tax-free. Make sure you’re benefiting from the property income allowance by reading this article. #propertytax #landlords
Making good use of the £1000 property allowance
A new property allowance of £1,000 was introduced from 6 April 2017. The allowance means that individuals with income from property of less than £1,000 do not need to pay tax on that income. Further, they do not need to tell HMRC about it. The allowance is available in addition to the personal allowance (and other allowances, such as the marriage allowance, to which the individual is entitled).