Originally published at: https://blog.openrent.co.uk/spare-room-allowance-pay-no-tax-with-the-rent-a-room-scheme/
The Rent a Room Scheme, otherwise known as the spare room allowance, is a fantastic way to earn extra cash from your home. It boosts your bank balance, and you don’t have to pay the taxman a penny for the first £7,500 a year. That means most people won’t have to pay a penny more…
Sam. I seem to remember that you cannot partition off your house as if it will be a flat within a house. No alteration, no seperate meters. . the house has to stay the same as it was before a lodger
Hi Colin, thanks for this. Yes that makes perfect sense. I suppose that would turn your home into two properties and the lodger would no longer be an excluded occupier.
Sam