Tax in the UK

Tax in the UK

Hi I am just starting out being a host.

 

I don't know what to do about paying tax on the money you earn? Where does one start?

 

John

1 Reply 1
Jeff158
Level 10
Caernarfon, United Kingdom

@John2716 

Depends upon how much you might earn from renting your room to guests, earning £7500 is tax free.

Click the link for info

https://www.gov.uk/government/publications/rent-a-room-for-traders-hs223-self-assessment-helpsheet/h...