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Furnished Holiday Let or Not

Is it possible to get Rent a Room relief for income received from property in Portugal

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Is it possible to get Rent a Room relief for the income received from property in Portugal? Or does this have to go in as Furnished Holiday let?

Tax payer is in UK obviously and Portugal tax and everything else is sorted there.

Thanks in advance.

 

Replies (11)

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RLI
By lionofludesch
03rd Jul 2020 14:36

Rent a room ?

Some further detail on how that legislation might apply will be necessary.

What are the arrangements ? Where is the owner of the property whilst this room renting is going on ?

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By Tax Dragon
03rd Jul 2020 14:49

You might save us time and yourself embarrassment if you looked up the rules. Best place to start is s309 of ITTOIA.

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Replying to Tax Dragon:
Scooby
By gainsborough
03rd Jul 2020 14:57

Sorry Tax Dragon, was typing whilst you posted your comment :).

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Replying to Tax Dragon:
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By apacarada
06th Jul 2020 14:03

It is never embarrassing to ask a question. Thanks anyway I think I got the answer from all of you.

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Scooby
By gainsborough
03rd Jul 2020 14:54

Yes, struggling to see how this could be renting a room in the owner's main residence if the owner is in the UK.

In any case, I believe the legislation limits the relief to UK properties (ITTOIA 2005, s786(1).

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Replying to gainsborough:
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By Tax Dragon
03rd Jul 2020 14:59

I think the OP should read the rest of the (R-a-R) legislation too. I'm not disagreeing with you; more that the question indicates to me a risk that other mistakes may be being made - your first sentence explains.

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Replying to Tax Dragon:
Scooby
By gainsborough
03rd Jul 2020 15:16

I agree with you Tax Dragon.....and perhaps also a read of Chapter 6 as well before going down the FHL route.....

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RLI
By lionofludesch
03rd Jul 2020 15:06

I vote no, anyway.

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Replying to lionofludesch:
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By Tax Dragon
03rd Jul 2020 15:27

Some things really don't get put to a vote. Or, at least, not one where more than 650 people actually have a vote.

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Replying to lionofludesch:
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By Dib
03rd Jul 2020 15:53

Is that no to RaR or FHL? :)

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Replying to Dib:
RLI
By lionofludesch
03rd Jul 2020 16:18

RaR definitely, FHL maybe - not enough information.

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