A question about : Suggestion: MSE to encourage petition to increase tax-free 'Rent a Room' allowance
Hey there,
Putting a suggestion out there.
I have been looking at the possibility of buying a house in the near future and was excited to see that one can take in a lodger for Ј4250 a year...Ј355 a month. This is a very small limit considering some areas such as city centres where I would aim to buy.
MSE produced a news item in 2009: https://www.moneysavingexpert.com/new...dger-allowance
SpareRoom.co.uk sum up the benefits to various parties on their website: https://www.spareroom.co.uk/raisetheroof/about/ under their Raise The Roof campaign.
Is this a campaign people would generally support through the ePetition process?
Will this be of benefit to many MSE users?
Could MSE team up with SpareRoom.co.uk and Shelter to bring this to the attention of government?
Best answers:
- My apologies. I found a petition eventually here: https://www.change.org/en-GB/petition...s-raisetheroof
Nonetheless, MSE's backing would surely bolster the numbers. - Totally Agree with this..... If only for the reason that it will:
1. Make more rooms available (Room renting is under-rated)
2. Help people generate income without worry of getting penalised
3. Make BTL less attractive in certain cases on smaller properties. Therefore, less chance of affordable housing being bought up.
4. Make people consider buying larger properties (with the intention of renting out a room), again meaning smaller more affording housing still around for those less affluent.
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