{"id":7928,"date":"2016-03-14T16:54:29","date_gmt":"2016-03-14T09:54:29","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-lodger-allowance-that-could-make-your-spare-room-a-money-spinner\/"},"modified":"2016-03-14T17:04:21","modified_gmt":"2016-03-14T10:04:21","slug":"the-lodger-allowance-that-could-make-your-spare-room-a-money-spinner","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-lodger-allowance-that-could-make-your-spare-room-a-money-spinner\/","title":{"rendered":"The lodger allowance that could make your spare room a money-spinner"},"content":{"rendered":"<p>&#013;<br \/>\nThe tax-free sum you can earn from renting is set to soar \u2013 and homeowners aren\u2019t the only ones who could benefitWhen it comes to making a stack of cash from property, most of us think of buy-to-let landlords. But your own home could provide a significant income boost, with a steep jump from 6 April in what you can earn tax-free from renting out a room.At present anyone with a lodger where the rental income is greater than \u00a34,250 a year must pay tax on the amount above this. But from next month the tax-free allowance soars to \u00a37,500 \u2013 enabling the majority of lodger landlords to wipe out any tax liability on this income. In 2015, on average, lodger landlords in London earned \u00a3708 a month, \u00a3405 in Leeds and \u00a3432 in Glasgow, according to website Spareroom. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"http:\/\/www.theguardian.com\/money\/2016\/mar\/14\/lodger-allowance-rent-spare-room-tax-free-sum\" target=\"_blank\">The lodger allowance that could make your spare room a money-spinner<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; The tax-free sum you can earn from renting is set to soar \u2013 and homeowners&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-7928","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-23S","jetpack-related-posts":[{"id":8246,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/why-renting-your-spare-room-could-be-a-nice-little-earner\/","url_meta":{"origin":7928,"position":0},"title":"Why renting your spare room could be a nice little earner","date":"July 13, 2015","format":false,"excerpt":"\r Last week\u2019s budget increased the tax-free allowance for lodger landlords \u2013 just make sure you don\u2019t break any rulesBritain\u2019s army of Airbnb landlords has been handed a cash bonus by the Treasury following an announcement in last week\u2019s budget that means most of them will no longer pay tax\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":160042,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/getting-a-lodger-how-to-earn-extra-cash-by-letting-a-room-in-your-home\/","url_meta":{"origin":7928,"position":1},"title":"Getting a lodger: how to earn extra cash by letting a room in your home","date":"August 27, 2025","format":false,"excerpt":"\r The government\u2019s \u2018rent a room\u2019 scheme lets you earn up to \u00a37,500 a year tax-free from letting out accommodationTechnically, a lodger is different to a tenant. A lodger is someone who rents a room in someone else\u2019s home, usually sharing living spaces such as the kitchen and bathroom. By\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":10572,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/if-i-go-travelling-does-my-bank-need-to-know-i-have-a-lodger\/","url_meta":{"origin":7928,"position":2},"title":"If I go travelling, does my bank need to know I have a lodger?","date":"April 13, 2016","format":false,"excerpt":"\r I don\u2019t know whether being away for six months will mean I\u2019m classified as a proper landlord, which requires me having a buy-to-let mortgageQ: I have a two-bed house, which is solely owned by me. I live with a lodger who is one of my closest friends. My mortgage\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":26846,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/we-want-to-get-a-lodger-will-our-mortgage-rate-change\/","url_meta":{"origin":7928,"position":3},"title":"We want to get a lodger \u2013 will our mortgage rate change?","date":"September 22, 2016","format":false,"excerpt":"\r My partner and I have signed the mortgage offer on a two-bed flat, but have yet to tell the lender our rental plansQ I am about to buy a property with my partner and have agreed and signed the offer on a fixed-rate mortgage. We are buying a two-bedroom\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":129298,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/six-ways-to-make-money-from-your-home\/","url_meta":{"origin":7928,"position":4},"title":"Six ways to make money from your home","date":"September 5, 2022","format":false,"excerpt":"\r As the cost of living crisis bites, there are many ways to make some extra cash, from taking in a lodger to renting out parking spaceSoaring household bills are making it tougher than ever to make ends meet. Continue reading...\r \r Source : theguardian.com\r Read more...Six ways to make\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8242,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/landlords-and-traders-receive-2000-tax-allowance-to-boost-sharing-economy\/","url_meta":{"origin":7928,"position":5},"title":"Landlords and traders receive \u00a32,000 tax allowance to boost &#039;sharing economy&#039;","date":"March 16, 2016","format":false,"excerpt":"\r Property and trading income will be included in the tax-free allowance for individuals from April 2017, the Chancellor has announcedOnline merchants and short-term landlords were given a gift in the budget, with two new \u00a31,000 tax-free allowances offered on income from those sources.Intended to boost the number of \u201cmicro-entrepreneurs\u201d\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/7928"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=7928"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/7928\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=7928"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=7928"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=7928"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}