Tax Exemption

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    Tax Exemption

    Hello everyone,

    If I were to rent out a spare room of my 2-bed apartment, would I be entitled to the £7500 tax-free renting income mentioned here: https://www.gov.uk/rent-room-in-your...-a-room-scheme.

    Thanks in advance

    #2
    As long as no other rental income from property
    I am legally unqualified: If you need to rely on advice check it with a suitable authority - eg a solicitor specialising in landlord/tenant law...

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      #3
      Many thanks!

      Comment

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