Receiving Pension Tax Credoit - Can I Accept A Lodger?

Joey122

Does anyone know the case here?

I am receiving pension credit as am 62 and not working

Can I have a lodger in the house paying me 4K under a rent a room scheme?

HMRC indicate that you do not need to declare this as income

Thanks

anmarj

has to be delcared to pension credit, if I remember it is 50% less £20 disregard that is applied.

Jowo_2

The HMRC threshold of £4250 per annum is one where the income is classed as tax free up to that level.

Don't confuse tax free income from the Inland Revenue with how means tested benefits treat income (of any type or source).

I don't know anything about how pension credit works but you can't assume that the DWP ignore it when calculating benefit entitlement, just because tax isn't paid on it.

Whiteknight

You will need to inform Pension Credit that you have a change in your circumstances, they will need some details regarding the amount that is being paid to you and if they are a Border or a Lodger (I know you have stated it will be a lodger).