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Chartered Certified Accountants
and Business Advisors

01530 447999

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Property allowance

  • A property allowance is available to individuals.
  • The property allowance will not apply to partnership income or to income on which rent a room relief is given.
Income up to £1,000 Property income assessable NIL
Income over £1,000 Election to deduct £1,000 rather than the actual expenses

 

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Testimonial

The team at Sence have been so helpful and understanding from the moment I started to use their services.

Natalie Bancroft
Red Door Studios

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