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Renting property to a friend with no tax?

26 replies

WestminsterCrabby · 10/05/2022 08:03

Is this legal? It feels like it shouldn't be but I know someone who is renting out their flat to a mate and the mate just does a bank transfer each month. He says he doesn't pay tax as he has a mortgage.

Is this true? Not going to report or anything but feels wrong.

OP posts:
mobear · 11/05/2022 21:10

It’s definitely illegal, and morally wrong in my opinion. I let my flat to a friend, declare the income and pay tax on it.

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