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Will have a lodger affect my IVA?

DFS
DFS Posts: 37 Forumite
Part of the Furniture 10 Posts Combo Breaker
in IVA & DRO
I am thinking about taking in a lodger under the 'Rent a Room Scheme'  The annual income would be under £7500 so I think I do not need to fill in a tax return, but will it effect my IVA?  

Comments

  • fatbelly
    fatbelly Posts: 23,067 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Cashback Cashier
    Technically it is increased income, allowing for some additional costs.

    Your agreement will say that you should declare it.

    I doubt there will be any clause excluding it, but you should check
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