Renting a room in your own home is a great way to earn additional income and in many cases, it is tax free with the governments Rent a Room Scheme. This scheme allows you to rent one room in your own home tax free on income up to £7,500.00 per year. As long as you don't exceed this amount there is no need to declare it to HMRC./search/
Read MoreNews Archive June 2023
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