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Sqad | 13:02 Fri 16th Jun 2017 | Business & Finance
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In the UK, can one set one's rent against personal taxation?
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If you are renting out a property you own, perhaps the following may provide some information that might help you.

https://www.gov.uk/guidance/income-tax-when-you-rent-out-a-property-working-out-your-rental-income
Question Author
Thanks Flonska...it is the other way round, that is can someone who is PAYING rent as a tenant set their rent against personal tax.
This person not running a business from his rental premises e.g a pensioner.
no
Question Author
Thanks Bednobs and Flonska I didn't think so.
chrissakes sqad it has nt changed since you were resident
the relevant revenue law is as follows

the deductions for personal tax shall fall into (these) categories and no other

and no guesses - rent aint amongest the categories

obvious points - if you were still in Harley St - then your rent is a countable expense against your private income before tax
and also for the self employed ....erm for commervial premises





Beddie for best answer

Flonska's URL is excellent - BUT the rent is income and it discusses things (expenses) you can set off against the rent or income in order to have a less tax bill

you want to know if rent can ever be an allowable expense for a pensioner with no other income to set it off against

the answer is no
Question Author
Thanks PP.
We all pay for accommodation. Would be impractical for all to claim tax relief.

That said one used to get relief on a mortgage to encourage and help home ownership. No idea if that is still the case.
Tax Relief on Mortgage Interest (MIRAS) was completely abolished in April 2000 by Gordon Brown, who argued it had become a middle class perk.

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