Ciara Molloy

Hi there, I rent out my home on Airbnb in 2 ways: -as a whole house (when i am away on holidays for a week or weekend) -as one bedroom (rent a room) when I am at home I want to calculate the tax I owe. In a tax year, i expect to earn about £2,500 in total (£1000 from renting the whole house + £1500 from renting one room). Am I better to: A) claim the £1,000 relief from renting the whole house B) claim the 7,500 rent a room relief C) claim allowable expenses (mortgage interest, utility bills, etc). I am unsure what counts towards allowable expenses i.e. mortgage interest for the whole year, or on a pro rata basis based on the number of rental days for the whole year. Many thanks for any clarification you can provide, Ciara