Do you earn rental income – either from letting out a property or a room in your home?
If the answer is YES - then you'll no doubt be aware that you're liable to pay tax on your rental income. Staying on the right side of the taxman can be arduous, and those in the industry often struggle to get all documentation in order before the November deadline – never mind claim tax relief.
Rental Income includes:
renting out a house, apartment, office or farmland
payments for allowing advertising on your property
allowing a right of way through your property
allowing sporting activities such as fishing/shooting on your property
service charges for services connected to the property
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