From: "Miss L. Toe" 
Newsgroups: uk.finance
Subject: Re: Pensions
Date: Thu, 1 Jun 2006 12:27:21 +0100


"Tim"  wrote in message
news:5aKdnagPL6YHUePZnZ2dnUVZ8qSdnZ2d@bt.com...
> > "Ronald Raygun" wrote
> > > Ah, but here's the rub.  BTL properties are *easier* to fund
> > > than own homes. If your income fails the eligibility test, but you
> > > have enough saved for a deposit, you can buy a BTL because
> > > it's the rent, not your income, which is used as a decider.
> > > Then you can move in and "rent" the place to/from yourself!
> >
> "Miss L. Toe" wrote
> > But would you be liable to CGT when you sold your investment :-)
>
> Just because the place is rented, doesn't stop it being your PPR!
>

Would you have to pay income tax on the rental income you paid yourself if
it was above the rent-a-room limit ?