The Rent a Room Scheme allows owner-occupiers and tenants to receive tax-free rental income if you provide furnished accommodation in your only or main home.
For the tax year 2019 to 2020, the annual Rent a Room limit is £7,500. This reduces to £3,750 if someone else receives income from letting accommodation in the same property, such as a joint owner. The limit is the same even if you let the accommodation for less than 12 months.
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