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Peter Smith
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If they're letting part of their home then the deposit protection doesn't apply and neither is there a requirement to create a tenancy like an AST. They just need to draw up a lodging licence and they can collect rent of up to about £7500 tax free under the rent a room scheme. That is providing they're not letting to too many people (I forget how many).
From:
Peter Smith
29 November 2019 15:24 PM
The problem is, HMRC are just trying to apply the law. That's right, the law. It may seem underhand and I agree they should do it some other way and they should have done this a long time ago. Frankly they should be given more resources to go after landlords who aren't resident here. The landlords who behave like this know exactly what they're doing too.
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25 November 2019 13:22 PM
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Peter's Recent Activity
From: Peter Smith
29 November 2019 15:24 PM
From: Peter Smith
25 November 2019 13:22 PM