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Advice needed for calculating expenses (UK Tax)

‎22-11-2015 09:28 AM
Julie4
Level 6
Brighton, United Kingdom
‎22-11-2015 09:28 AM

Advice needed for calculating expenses (UK Tax)

Hi. I'd really appreciate some advice on how to calculate expenses for letting out my room through Airbnb for  UK tax purposes. I've found the guidelines very woolly. I expect that my earning will go over £4250 for the 2015 tax year, so need to calculate what I can allow for expenses ie laundry, cleaning, bedding, bills, repairs etc this is what isn't clear to me and do I need recepits (as I haven't kept them). I'm using the Rent a Room Scheme as guidelines. Thanks, Julie

‎22-11-2015 09:28 AM
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