by AccountingPreneur | Mar 7, 2022 | Letting Relief, Tax, Uncategorised
Rent-a-Room relief: how it works Letting out part of the property which is your only or main home is a great way to boost your income, but you have to be aware of the tax implications that come with being a resident landlord. Rights and responsibilities include:... 
by AccountingPreneur | Dec 8, 2021 | Letting Relief, Property, Tax
How and when relief is available? What counts as a ‘repair’? HMRC defines a ‘repair’ as ‘the restoration of an asset by replacing subsidiary parts of the whole asset’. They illustrate this with the example of the cost of replacing tiles blown off by a storm. However,...
