Putting an investment property into trust for family members
Trusts are usually taxed very heavily. Nevertheless they are in some cases well placed to expedite a person’s wishes,
The rent-a-room tax break
HMRC’s rent-a-room scheme is an optional exemption scheme, which allows individuals to receive up to £7,500 of tax-free gross income (income before expenses) from renting out spare rooms in their only or main home.