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Problems with being a 'lodger'?

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  • krlyr
    krlyr Posts: 5,993 Forumite
    Ninth Anniversary 1,000 Posts Combo Breaker
    djdaface wrote: »
    As somebody who rents out multiple rooms in his house I'm a little confussed by the notion this saves money.

    I have to pay 40% tax on lodger income which is far more than council tax would be if i gave each one a seperate house instead of a room

    I would be grateful you do not have to share a kitchen as a lodger rather than the other way around

    Since OP is paying in cash, chances are the landlord may not even be declaring income - so saving 40% tax on "nothing" is a pretty good saving!
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