🏠 Holiday Rental Income Calculator - Airbnb & Short-Term Lets
Monthly Expenses
Holiday Rental Income Calculator - Frequently Asked Questions
How much can I earn from a holiday rental in the UK?
UK holiday rental income varies widely by location. London/tourist areas: £15,000-£35,000/year. Coastal areas: £10,000-£25,000/year. Rural areas: £5,000-£15,000/year. Occupancy rates typically 50-70%, with peak seasons in summer and holidays.
Do I pay tax on Airbnb income in the UK?
Yes, holiday rental income is taxable in the UK. You can earn up to £1,000/year tax-free under the Property Allowance. Above this, you must declare income to HMRC. Deductible expenses include mortgage interest, utilities, cleaning, repairs, and platform fees. Register for Self Assessment if needed.
What are the new UK short-term let rules?
From 2024, England requires planning permission for short-term lets in some areas (90-day limit in London). Scotland requires a license. Wales and NI have their own regulations. Check your local council rules. Some leasehold properties may prohibit short-term letting.
Is holiday letting more profitable than long-term rental?
Holiday lets typically generate 20-50% more income than long-term lets, but with higher expenses (cleaning, utilities, maintenance) and vacancy risk. They require more active management. Best for tourist areas with high demand. Consider seasonality and local regulations.