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Send Lodger Agreement Template via SMS

Send Lodger Agreement Template via SMS

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Aug 6th, 2022

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How to Send Lodger Agreement Template via SMS

4.6 out of 5

9 votes

As the cost of living rises, renting out a room in your own home can provide extra income. The government offers the Rent a Room Scheme, allowing you to earn rental income tax-free up to a certain limit. This video, presented by Kozan from Financial Madness, explains how having a lodger works and the specifics of the Rent a Room Scheme. It's crucial to note that this approach differs from purchasing property solely for rental purposes; here, you're renting out a spare room in a home you live in, bringing in lodgers rather than tenants. The video aims to help viewers better manage their finances by understanding this form of income generation.

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