tomh777
-
renting a car park space property income allowance/rent a room
1. I earn less than £7500 from airbnb income, renting out my spare room of the residence I live in. Due to rent a room relief, I believe I pay no tax on this income. 2. I earn over £1000 from renting out a car parking space next to the building of my residence. Do I receive £1000 property income allowance on this income? I.e am i eligible for both allowances?