“Rent a room” relief to continue for Airbnb landlords

Last year HMRC carried out a review of rent a room relief and it was proposed that the availability of this generous relief would be restricted to situations where the taxpayer was resident for at least part of the time when the “lodger” was paying rent....

Restricted tax relief for landlord finance costs

The 2019-20 tax year is the third year of a four year phased implementation of the Chancellor’s strategy to restrict the tax relief residential landlords’ receive on finance costs to the value enjoyed by basic rate taxpayers.Prior to 2017-18,...