If you receive rental income from letting furnished accommodation within your own home (for example, if you have a lodger), you may be able to benefit from the ‘rent-a-room’ scheme. 

On this page, we look at how you calculate your property income for tax purposes – in other words, your profit from renting out property. This includes identifying your income and understanding your allowable expenses, all of which are important when calculating your taxable profit. There are also ...

If you rent out property, then you will usually have to report this to HMRC and pay tax on it. Here we explain how you can do this – which might vary depending on your level of rental income and your wider situation.

Purchased life annuities are financial products purchased with a capital sum. They are designed to provide a guaranteed annual sum – normally for life, but it could be for a shorter term. 

Child trust fund accounts can be accessed from age 18. This page gives a brief overview of what you need to know.

The government’s Help-to-Save savings scheme pays a tax-free bonus of up to 50% of the amount saved. It is only available to individuals claiming certain benefits. The scheme had been due to close to new savers in April 2025. However, the government announced in the Autumn Budget 2025 that they ...