Rent a room,

Question asked by Moniikka Sandira Magnusson 6 days ago

I rent a room in my home, i'm entering it as such in my rental account. But it doesn't seem to take into account that i get a tax rebate for this in my yearly expected tax bill - when i entered my first quarter accounts. Will this be taken into account at the end of the year, before i submit my tax?

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Hi Monika,

You can include this in your Quarterly submissions. If you head to Dashboard > MTD for income tax > Click Details beside submission 1 > Click the Clear Books tab, you can input a figure in the Rent-a-room relief claimed for the period field. Then, click Resubmit.

Tommy

6 days ago

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