Taxation

Currently you can rent 1 room of a house you live in up to a value of £7000 + without incurring tax. This could be stopped and all rental property whether solely let or HMO or a person rents out a room in their own home could be taxed. There is negligible difference to letting out a 1 bedroom property at £4000+ a year and letting out a room in your house for the same sum - so why make a tax difference: if you let out 2 rooms you have to pay tax on both rooms!

Why the contribution is important

Unjust and unfair tax advantage to people with property

by Lesley on October 10, 2018 at 07:52PM

Current Rating

0.0
Average score : 0.0
Based on : 0 votes