How does the Rent a Room Scheme work?

With the Rent a Room Scheme, you can earn up to £7,500 per year tax-free from letting out furnished accommodation in your home.

Although the name suggests renting a single room, you can actually rent out as much of your home as you’d like.

If you share the income with your partner or anyone else, then the threshold is halved. In other words, each person w…