URL for 'rent a room' scheme?

Can someone please point me at a URL for the govt 'rent a room' scheme, and does anyone know if this can apply to a renter who sublets a room?

Reply to
Tumbleweed
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Were there any clauses in their tenancy agreement to say they were not allowed to sub-let ?

IANAL, but they're not _your_ rent-a-roomer, they're the tenants' responsibility.

Reply to
Colin Wilson

"Colin Wilson" wrote in message news: snipped-for-privacy@news.individual.net...

well, for the sake of argument, lets say there arent.

Yes thats understood.

Reply to
Tumbleweed

So... once "your" tenant has been given notice to quit or whatever, it's down to him to explain to his "additional income" (I wonder if that was declared - might be a good way of arm twisting if they want to get arsey)

Reply to
Colin Wilson

"Colin Wilson" wrote in message news: snipped-for-privacy@news.individual.net...

whats the 'original' tenants income got to do with it? Esp AIUI below a certain level ?4k? you dont have to declare it.

I take it you dont know the url...back to google.

Reply to
Tumbleweed

It doesn't make sense for anyone to ask the question other than a tenant who sublets. Accordingly, in the absence of additional information, one should assume that Tumbleweed *is* the tenant in question, or asking on such a tenant's behalf.

But yes, it applies both to owner-occupiers and to tenants who sublet.

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In a nutshell, if you receive rent from a lodger, the profit element of this is taxable. Often the income involves very little profit if any, for example if you are taking a lodger to help pay your own rent or mortgage interest. The R-a-R scheme allows you dispense with the hassle of keeping full rental accounts and deducting expenses from income, working out profit, etc. If the *gross* rental income is below £4250pa, it may be disregarded and is tax-free.

If it exceeds this level, you then need to account explicitly for any expenses you wish to deduct, in exactly the same way as if you were renting out a whole dwelling.

Reply to
Ronald Raygun

Thanks Ronald

Reply to
Tumbleweed

p.s here is another good URL ;

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Reply to
Tumbleweed

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