Oct
30

Proposals to add shared occupancy test to Rent-A-Room relief to be scrapped

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This summer, HM Treasury proposed a new “shared occupancy test� for those renting their spare rooms to continue to qualify for the annual £7,500 rent-a-room tax relief. This was due to be included in the 2018-2019 Finance Bill and would have brought an end to rent-a-room relief for those who rented out a single room whilst they were absent or from renting out entire properties whilst away from home.

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