adauketano2020

Hi! Thanks in advance for all the help. I am inquiring about some rental income I had in the 2024-2025 tax year. I rent my one bedroom apartment for short-term rental while I'm on work trips, and earned approximately 5300 in the year. Since this remains my main residence (as I'm only renting it when I'm away on a trip), would this be tax-free under the rent-a-room scheme? I also rent, year-round, my driveway. I made approximately 1500 in the year. I used the HMRC checker as to whether I needed to submit a tax return, but the system told me I didn't. Can I clarify why this might be the case? Thanks!

Hi! I'm living in Scotland and I'm looking to rent one of the two parking spaces allocated to me in our building's parking area. I do not currently do any self-assessment as I (currently) only receive income from my employer. I assume that: 1. If the income derived from renting my parking space, minus expenses, is below £1000, I do not need to do anything. 2. If the income minos expenses is between £1000-2500, I'd need to talk to HMRC I have a question, though: can I claim as expenses the fees the website I'm using to rent out the space charges me? Thanks