when is rent a room rebate taken off?

Problem reported by Moniikka Sandira Magnusson 1 week ago

I notice that my tax estimate does not, as yet, have the rent a room rebate of £7500 refunded on it. When is this taken off? It worries me that my tax estimate is £2000 bigger than i usually pay. I am logging it as rent a room payment in my property accounts. Please advise.

1 Reply

Hi Moniikka,

I have taken a look, the rent a room is a relief is basically deducted from rent a room income instead of normal expenses to reduce the taxable amount.

It appears you haven't entered any rent a room relief claimed in the quarterly updates. You can resubmit Q2 with this by heading to Dashboard > MTD for Income Tax > Click Details beside Q2 > Click the Clear Books tab > Scroll down and input the rent a room relief, like so:

file

Tommy

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