Lodgers

[davidmarsden]

two lodgers wish to share a room in my house and have offered me
£60 a week each.this is for a twin room and is inclusive of electric,water council tax but not food.
I would receive £6.240.00 a year. do I have to pay tax on this?

[Buenchico]

No. It's below the threshold of the Rent a Room Scheme:
https://www.gov.uk/rent-room-in-your-home/the-rent-a-room-scheme

[cassa333]

Doesn't it depend on how much income you have from elsewhere?

[hc4361]

No, it doesn't, cassa

[CrapAtCryptics]

Depending on how many of you already live there it may affect your council tax.

[Peter Pedant]

blimey go for it - £480 / m for one room
you are under the limit for rent a room

if you are alone at present ... all alone - then you will have a 25% reduction in CT and you will obviously lose that once someone else moves in

[murraymints]

too cheap..here in Edinburgh would not get this for less than double that !!!

[hc4361]

You've been looking in the wrong place, minty. £450 a month, Edinburgh

https://www.spareroom.co.uk/flatshare/flatshare_detail.pl?flatshare_id=6982471&search_id=426529621&city_id=&;flatshare_type=offered&search_results=%2Fflatshare%2F%3Foffset%3D10%26search_id%3D426529621%26sort_by%3Dage%26mode%3Dlist&