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£4250 goverment get a lodger in without paying extra tax does this affect tax credits?

5 replies

jellyjelly · 30/11/2008 17:09

Does anyone know? I know you can get in a lodger and not have to pay tax over 4250 bvut does this affect tax credits.

I dont want to give them a call as they have fucked everything up recently.

OP posts:
edam · 30/11/2008 17:18

I'd have thought so as it changes your income.

Millarkie · 30/11/2008 17:21

It's not included as income when they calculate tax credits according to this link www.hmrc.gov.uk/taxcredits/other-income.htm

Scroll down to Property Income - it says, don't include income from rent-a-room scheme.

ChukkyPig · 30/11/2008 17:23

Wow that sounds like a fab moneyspinner if you have the room, especially at the moment...

jellyjelly · 30/11/2008 18:32

Thankyou very much i am renting it to a friend who i trust with my son so it could be very good

OP posts:
ChukkyPig · 30/11/2008 19:48

Sounds like an excellent arrangement! Good luck with sorting it all out!

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