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Tax relief proposed for rentable rooms – Budget 2025

It states they hope the proposed new tax relief would “encourage use of under-occupied properties”. Pictured: Deputy Lyndon Trott, President of  the Policy and Resources Committee, detailing the plans for next year’s budget.  This scheme would see a “room-to-let” annual tax-free allowance for personal taxpayers who rent out a room in their property, regardless of whether […]

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