Corporate tax and the digital economy - CIOT comments

5 Feb 2018

HM Treasury have issued a call for evidence on rent-a-room relief and we‚ d like to hear your views.

Rent-a-room relief allows individuals tax relief on income they receive from letting rooms in their only or main residence. The relief was introduced in 1992 to increase the availability of low cost housing for tenants. In the last 25 years there have been a lot of changes to the rental market and HM Treasury have issued a call for evidence to:

Find out more about how the relief is currently used.

Establish whether it is working as the Government intended.

Help inform any potential reform.

One potential reform on which we are particularly keen to hear member‚ s views is the suggestion of restricting the relief to longer term lets. This would mean that those providing bed and breakfast and short term guest accommodation - or offering accommodation during local festivals or events (for example the Edinburgh Festival or Wimbledon) - would no longer be able to benefit from rent-a-room relief.

We have compiled this short survey to gather the experiences, views and opinions of our members. Both CIOT and ATT intend to respond to this call for evidence drawing upon the survey results.

Please note that all survey responses are anonymous and cannot be traced back to individual respondents.

Please complete the survey as comprehensively as possible. You can add any additional comments you may have at the end. The full call for evidence can be found here.

The closing date for responses to this survey is Monday 12 February 2018.

CIOT and ATT Technical Teams