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Posted 17 days ago by mar
If I own a studio apartment as a first-time buyer, which is my primary and only residence, and I rent out the entire apartment for up to 180 days a year on Airbnb while I am abroad on holiday or visiting family to cover housing costs (mortgage, service charge, ground rent, bills), and I live in the apartment for the rest of the year, which tax scheme or classification would this arrangement fall under?
Posted 12 days ago by HMRC Admin 19 Response
Hi,
You would need to report the rental income as income from property.
Thank you.
Posted 12 days ago by mar
According to which scheme? Rent a room scheme?
Posted 7 days ago by HMRC Admin 17 Response

Hi ,
 
No rent a room will not apply as you are letting out the whole house whilst not living in it.

You can only claim actual expenses incurred whilst the property is let out .

Thank you. 
Posted 7 days ago by mar
That's because it is a studio so I have no other choice to live in it even if I wanted. Can I claim my mortgage, service charge, ground rent, and bills as expenses for the period of when I don't live in the property? All of these are my actual expenses and the reason for letting out.
Posted about 8 hours ago by HMRC Admin 19 Response
Hi,
You can see guidance on what is allowable here:
Allowable expenses 
Thank you.

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