Working out the tax on your rental income can be a gruelling process. Rental income is the rent you get from your tenants and many do not realize it can also include payments for the use of furniture as well as charges for additional services you provide such as cleaning of communal areas, hot water, heating and repairs to the property. The government states that you must pay tax on any profit you make from renting out property and how much you pay depends on two factors, how much profit you make and your personal circumstances. Allow us to work this out for you, taking the additional stress out of rentals.