The current £4,250 limit for tax free rental income from lodgers is to be increased to £7,500 from 6 April 2016. The relief is only available where individuals rent out a room in their main residence and the allowance includes heating and other services provided to the lodger.
Robinsons Chartered Certified Accountants is a highly respected and established accountancy firm with a small team of central London staff and additional back office support.
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