Knowledge Centre Category: Landlords & Letting Income

Rent-a-Room Relief

Rent-a-Room Relief is an HMRC scheme that allows individuals to earn up to £7,500 per year tax-free from letting furnished accommodation in their main residence. It is one of several personal tax reliefs covered in Green Accountancy's Knowledge Centre to help individuals make the most of their allowances.

Letting Income

Letting income is the rental income received by a landlord from tenants occupying a property. Green Accountancy provides specialist accounting and tax services for landlords, including the correct treatment of letting income, allowable expenses and changes in property tax legislation.