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B & Bs

Ever thought of running a b& b ?    Starting a b&b is a popular option for aspiring entrepreneurs.     Provided that you don't mind having strangers in the house it can be a useful source of income as well as an opportunity to practise your social skills.  But do you really love the human race, and will you enjoy talking to them?

 

www.bandbasociation.org.   is the trade association for b&bs and a useful source of basic information  

 

www.wolseylodges.com       is the up-market end of the trade

 

www.qualityintourism.com/ASP/details.asp?ID=7  will give you an annual rating which will help your marketing

 

Or what about taking a lodger for your spare room?    Under the 'Rent a Room scheme' you can receive up to £4250 a year tax free if you let a furnished room in your home.

See:

http://www.direct.gov.uk/MoneyTaxAndBenefits/Taxes/TaxOnPropertyAndRentalIncome/TaxOnRentalIncomeArticles/fs/en?CONTENT_ID=4017804&chk=mGasop