The new tax year is upon us – fancy earning some extra (tax-free) cash?
Now that spring has arrived and with the new tax year upon us, it’s a great time to take a fresh look at your finances and start planning for the rest of the year.
When you are working hard and have a mountain of regular bills to pay, how on earth do you squeeze some money from your monthly income to put away for a rainy day? The answer could be simpler than you think. Renting out a spare room in your home Monday to Friday could give you a healthy income. The best bit? Because your lodger is only there part of the week you are able to earn a whopping £7,500 tax free.
Mondaytofriday.com specialise in advertising spare rooms to professionals who need a bedroom just for the working week. These are people who live a long way from where they work and are fed up with a long commute or the inability to be able to put in extra hours to get the job done. Or they may be working on a particular project for a short space of time and need somewhere to live during the week. Whatever their situation, they are usually at work all day and have a home to go to at the weekend.
Professionals are looking for weekday locations all over the country and properties come in all shapes and sizes and with different set ups. You may want to include bills in the rental price, or prefer to charge separately. You can specify if you’d prefer to keep certain parts of the house private, or if there is a rota for using the bathroom or kitchen in the mornings. It’s your home, you set the house rules, and they pay the rent. Simple.
It doesn’t stop at spare rooms. If you have a place where people can meet, or a spare desk in your office – we can advertise these for rental on our website too!
So maybe gathering together a nest egg for that dream holiday or saving for a new car isn’t so far out of reach…
Check out www.mondaytofriday.com and take a look.