The Income Tax (Limit for Rent a Room Relief) Order, SI 2015/1539, comes into force on 13 August 2015. This order increases the level of rent-a-room relief – the tax-free income limit for renting out rooms in a main residence – from £4,250 to £7,500 per year with effect from 6 April 2016.
The Income Tax (Limit for Rent a Room Relief) Order, SI 2015/1539, comes into force on 13 August 2015. This order increases the level of rent-a-room relief – the tax-free income limit for renting out rooms in a main residence – from £4,250 to £7,500 per year with effect from 6 April 2016.
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