Accountants have warned that short-term lettings landlords on Airbnb or Spareroom could be exempt from using a £7,500 ($10,000) "rent-a-room" tax break. The move would mean tenants who rent out their homes for less than 30 days in the year to pay back taxes and council tax. Any revision may require a minimum length of stay, though the Treasury has said it only wishes to asses the private rental market's use of the scheme, rather than restrict it.
Accountants have warned that short-term lettings landlords on Airbnb or Spareroom could be exempt from using a £7,500 ($10,000) "rent-a-room" tax break. The government is seeking to reevaluate the allowance, aiming to target it at longer-term lettings instead. Any revision may require a minimum length of stay, though the Treasury has said it only wishes to asses the private rental market's use of the scheme, rather than restrict it.