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No additional VAT charge for spare room rentals as court thwarts HMRC’s spare room tax grab

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Following Wednesday’s (5 January) decision by the First-tier Tax Tribunal in favour of Errol Willy Salons Ltd (a hair salon in Cardiff), businesses renting out a spare room can breathe a sigh of relief as HMRC’s attempt to circumvent the VAT exempt status of rent charges…

The post No additional VAT charge for spare room rentals as court thwarts HMRC’s spare room tax grab appeared first on London Business News | Londonlovesbusiness.com.

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