Subletting (legally) taxes requirements in UK

Paolo526
Level 1
Greater Manchester, United Kingdom

Subletting (legally) taxes requirements in UK

Hi,

 

II would like to know what are the taxes to be paid for subletting a flat in UK, having the approval from the landlord first.

 

Thank you

 

2 Replies 2
Gordon0
Level 10
London, United Kingdom

It depends on many things, such as your current income (and tax code), whether you'll be renting  the whole place or just a room, and more. 

Paolo526
Level 1
Greater Manchester, United Kingdom

Thanks Gordon, my question is more about the type of tax i would need to pay, for example, any business tax or just the taxes on the income. I am plannig to rent the whole flat.