Renting Garage out - is PPR relief affected?

[sober]

Does the renting out of the garage of one's main residence affect its PPR status for CGT purposes? And can some of the income be offset by a proportion of the mortgage interest?

Any view would be appreciated.

Thanks
Regards
Sober

[TaxationPete]

The rental garage for non residential use will creat a CGT liability as by proportional area you will have made it a business asset, although this may permit some offset of interest you may be forced to have it valued by HMRC and your mortgage provider as it is a change of use. Bit of a sticky one there. Is the garage detached from the house but in the grounds ??

[Tax Accountant]

Does the renting out of the garage of one's main residence affect its PPR status for CGT purposes? And can some of the income be offset by a proportion of the mortgage interest?

Any view would be appreciated.

Thanks
Regards
Sober

PPR status could be preserved by retaining some private use , eg, storing some personal goods etc.

Rental should be declared but subject to claim for proportion of common expenses, eg, loan interest, light and heat etc.

Ramnik