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taking in a lodger

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Yorkshire_Pud Posts: 1,962 Forumite

1 January 2012 at 6:35PM edited 1 January 2012 at 6:42PM

Thanks Badger it was a revelation when I realised that the £354 ceiling 'wasn't'.

I'm assuming the rent a room scheme earnings conforms to the usual HMRC tax year?

Take what you say on board re good lodgers and not chucking them out although if (in a perfect scenario) I let a room June 6th it could be the start of a 20 month lodging spanning two tax years 20 months x £400 as example and by that time I think even a good lodger would have moved on or you might as well marry them .

As to my other idea I wonder what the attractiveness of a short lodging would be to someone attending the London Olympics if they have to commute from Barnsley!?:D

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taking in a lodger

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