This has since ended instead you get a tax credit for residential finance costs which is restricted to 20% tax relief against any profits, although you are still entitled to the Rent a Room relief scheme as an alternative if renting a room in your own home. This allows owner-occupiers and...
“HMRC has a duty to investigate where it believes fraudulent activity is happening, so it is not surprising that investigations are already underway. “And with legislation shortly to receive Royal Assent that will introduce a 90-day amnesty allowing businesses to repay furlough money claimed in ...