paying tax on a rented parking spot

de1amo

Due to this site i have found a person to rent my parking spot for 2 pounds a working day-so about 42 pounds per month on a rolling basis. i am a normal tax payer and have no wish to attract a self assessment form. İt is being done through park at my house :com so it is tax visable and the renter works for local governemnt so it has to be all done properly!!-i use all my tax allowance. İdeas anyone??

TM1976

If you have income from property net of expenses below £2,500 you don't need to complete a tax return, this does apply to you.

You do however have to declare this income and pay tax on it, you should be able to do this by letter or telephone.