"The annual Rent-a-Room limit is £7,500. This reduces to £3,750 if someone else receives income from letting accommodation in the same property, such as a joint owner. annual Rent-a-Room limit is £7,500. This reduces to £3,750 if someone else receives income from letting accommodation in the same property, such as a joint owner."
My ex partner (we are in the middle of a divorce) was paying the mortgage but has stopped, I think I may have got him to agree to paying half the mortgage again from July. I had hoped to rent a room out when I migrate to UC (from ESA) so that I could pay the other half of the mortgage but I don't quite understand if I would be entitled to the full amount or half.
Could someone tell me if - even though we are separated - the fact he is joint owner, does that mean he receives 'income' if I am using that rent money to pay half the mortgage?
If yes, then I only have £3,750 tax free and I would have to pay tax on the rest? Technically we are still married even though I have applied for divorce. Appreciate any advice.
We use cookies on our website. Some of them are essential for the operation of the site, while others help us to improve this site and the user experience (tracking cookies). You can decide for yourself whether you want to allow cookies or not. Please note that if you reject them, you may not be able to use all the functionalities of the site.