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Re:FTC sues Intuit for its deceptive TurboTax “free” filing ... by adwww on Wednesday March 30, 2022 @08:41AM (#30854323)
Even rental income has a fairly generous allowance before you need to file a full tax assessment.

The first £1,000 is tax free (presumably the cost of admin makes it easier to let that go).

And up to £2,500 you just have to phone / email HMRC.

Re:FTC sues Intuit for its deceptive TurboTax “free” filing ... by nerdawson on Wednesday March 30, 2022 @10:16AM (#30855528)
The various allowances are certainly helpful but £1,000 doesn’t really factor in when you’re dealing with rental income. Almost every landlord will cross that threshold and should expect to fill a return in.

Hearing about how taxes work in other countries makes me grateful for the system we have here.

Most people never have to file a return. The people that do have a more complicated arrangement and probably need to summarise expenses, etc.

Re:FTC sues Intuit for its deceptive TurboTax “free” filing ... by adwww on Thursday March 31, 2022 @06:06AM (#30865524)
Sure for any actual landlords, but at that point you're running a business and that's pretty different from 'normal' income.

The allowances are more so ordinary people taking in a lodger don't get caught up in tax requirements.

You could probably choose to pay yourself a PAYE salary from a limited company and not need to complete a personal tax return.