Mar 21, 2014
This week we sent MPs some more info in support of the campaign. We focussed on 3 points: 1 - The current threshold is a deterrent, not an incentive We polled 600 homeowners who downloaded information about taking in lodgers. 52% said they were put off taking in a lodger by potentially having to fill out a tax return. 2 - Homeowners are being taxed on money that isn't theirs A single person with a 25% council tax reduction loses this if they take in a lodger, they also see their utility bills rise. They can charge their lodger an amount to cover this in the rent but, if it takes them over the threshold, they'll be taxed on it. 3 - Demand for rooms is rapidly outstripping supply January saw a 19% increase in people looking for rooms compared to January 2013. Yet the increase in rooms available was just 0.5%. The imbalance between supply and demand demonstrates the importance of reforming the Rent a Room scheme and encouraging more people to rent out their rooms.
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