Airbnb-type lets – is rent-a-room relief available?

2019-09-02T11:22:52+01:00May 24th, 2019|Categories: Articles & Guides, Blog, Property|Tags: , , |

Many homeowners have taken advantage of sites such as Airbnb to let out a spare room on a temporary basis or their whole property while they are away. In most cases, as long as the associated conditions are met, hosts can enjoy rental income of up to £7,500 tax-free under the rent-a-room scheme. This continues to be the case as planned legislation to restrict the availability of the relief has not been introduced. Rent-a-room relief Rent-a-room relief is a relief that allows individuals to earn up to £7,500 per year tax-free from letting out furnished accommodation in their own [...]