I hoping someone might have some insight into my issue:
My circumstance:
1) I own a house with my sister. My sister lives in Spain
2) I currently live in the house
3) For the past 5 years, I have rented out two of the rooms. The rent comes to 12,000 euro, I reported half of this 6,000 euro as rent a room relief on my form 12
4) In 2022, I rented out three rooms. The rent came to 16,000. Therefore I earned 8,000 rent.
So my question is: Is my rent a room relief threshold 14000 or 7000, since I own half of the house with my sister who lives in spain?
My circumstance:
1) I own a house with my sister. My sister lives in Spain
2) I currently live in the house
3) For the past 5 years, I have rented out two of the rooms. The rent comes to 12,000 euro, I reported half of this 6,000 euro as rent a room relief on my form 12
4) In 2022, I rented out three rooms. The rent came to 16,000. Therefore I earned 8,000 rent.
So my question is: Is my rent a room relief threshold 14000 or 7000, since I own half of the house with my sister who lives in spain?