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rent-a-room or let a furnished room Self Assessment?

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Comments

  • booksurr
    booksurr Posts: 3,700 Forumite
    edited 26 April 2016 at 10:45AM
    OlderSaver wrote: »
    I was just looking at lawdonut

    lawdonut.co.uk/law/personal-law/divorce-separation-cohabitation/cohabitation-and-common-law-marriage
    the dangers of reading stuff out of context is "They continue to be assessed in the same way as any other individuals" relates to the comparison of unmarried couples v married couples. Unmarried couples do not get tax concessions that married ones do - that is all it means. The next bit about benefits claims is important if one of you claims since it would be benefit fraud to pretend you were single if you were in fact a couple (old adage: "two can live cheaper than one" so benefits are adjusted to reflect that) However, it would appear that is not relevant to your situation

    you are living in the same bedroom, you are not in receipt of taxable income, she is merely contributing towards joint living expenses. So you do not have to worry about rent a room, self assessment, or informing HMRC of anything to do with your finances, even given your ethical standards in choosing to live together in sin :rotfl:
  • Kynthia
    Kynthia Posts: 5,692 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Your girlfriend has become a member of your household rather than a lodger. Her money to you is considered a contribution to household running costs rather than income for tax purposes.
    Don't listen to me, I'm no expert!
  • jgh
    jgh Posts: 171 Forumite
    Eighth Anniversary Combo Breaker
    Though, as other have pointed out, by her paying towards the maintainance of keeping a roof over your heads, she is constructing a claim to the property. It is in both of your interests to discuss this - or decide for yourself to not raise it and acknowledge to yourself that you have no objection to this happening.
  • Thanks all.

    re claim to the property, I hope this is for the long term if not after a divorce already I'm really not bothered. Happiness is worth more than a roof
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