We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
tax credits and living with a friend
solosam
Posts: 2 Newbie
Can anyone help me. I own my own house and work full time and have one child. My friend has discussed us getting a house together to get a bigger property. How will living with my friend affect my tax credits. I get working tax and child tax at the moment plus help towards my childcare costs. My friend will pay half the bill but will put no other income in to the house unlike if we were a couple
0
Comments
-
Will the friend pay you rent, or will they be a part owner? Is your friend of the same sex as yourself?Gone ... or have I?0
-
Half the bill of what - are you discussing just a contribution towards household bills like CT, energy, telecoms? Or are they going to be a joint owner or pay you rent, for example? In other words, will you be receiving a landlord related income from them?0
-
When you say "friend", do you really mean boyfriend/partner?0
-
Will the friend pay you rent, or will they be a part owner? Is your friend of the same sex as yourself?
I understand why you ask: but what difference will it make? They could just as easily be same sex and in a relationship as different sex and in a relationship;)
However, the op seems to be saying that this is a house share rather than a relationship:)
ETA: Don't know the answer though:o"there are some persons in this World who, unable to give better proof of being wise, take a strange delight in showing what they think they have sagaciously read in mankind by uncharitable suspicions of them"(Herman Melville)0 -
moggylover wrote: »I understand why you ask: but what difference will it make? They could just as easily be same sex and in a relationship as different sex and in a relationship;)
However, the op seems to be saying that this is a house share rather than a relationship:)
ETA: Don't know the answer though:o
Whilst same sex relationships (or friendships) should be treated in the same way as mixed sex, in reality HMRC are much less likely to ask questions about two women living together than a man or a woman.Gone ... or have I?0 -
They will be part owner of the house so will pay half the bills. They are male but definately not a partner. Its just a way we can both afford a nice house is to combine our incomes in a property but we are not a couple0
-
Hi, I find myself in a very simular situation.
Can I ask how the tax credits people classed you in the end?
I currentelly share a house with a friend with a child (and claiming as a single parent), simply because it works out financially better.
Thanks0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.5K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.5K Spending & Discounts
- 247.4K Work, Benefits & Business
- 604.2K Mortgages, Homes & Bills
- 178.5K Life & Family
- 261.7K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards