A room for rent in a shared apartment
A room for rent in a shared apartment
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Renting out a spare room in your home can be a great way to boost your income and under the Government’s rent a room scheme, you can bring in up to £7,500 a year tax-free. There are some rules though. The room you let out must be furnished, and it must be in the main part of your main home. The room can’t be used as an office, or for any business, although you can still use the scheme if your lodger works in your home in the evening or at weekends, or is a student. Make sure you inform your mort
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