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Bargain Hunter: Invite rugby fans into your home and convert a tax break

The Government's Rent a Room scheme allows you to earn up to £4,250 tax-free

Simon Read
Friday 11 September 2015 23:49 BST
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Magnet to rugby supporters: the Webb Ellis Cup is up for grabs this autumn and residents of a number of cities could make money renting out property to fans from around the globe
Magnet to rugby supporters: the Webb Ellis Cup is up for grabs this autumn and residents of a number of cities could make money renting out property to fans from around the globe (PA)

The Rugby World Cup starts next weekend and fans will be coming to England and Wales from all over the world. That could give you the chance to make some extra money by putting them up, so why not try the Government's Rent a Room scheme, which allows you to earn up to £4,250 tax-free?

"The scheme offers a tax break for those who let out furnished accommodation in their own homes, helping to generate extra income without additional tax," points out Jane Moore of the ICAEW accountancy organisation. "Sporting events such as the Rugby World Cup offer a fantastic opportunity to make use of the relief."

Even if you rent for a few days to someone who's attending a match, you'll be eligible. World Cup matches are being held in Birmingham, Brighton, Cardiff, Exeter, Gloucester, Leeds, Leicester, London, Manchester, Milton Keynes, Newcastle and Rugby.

The scheme is set to get more generous in 2016. While the current cap is £4,250, it will rise to £7,500 next year. You can find out more at the official website: gov.uk/rent-room-in-your-home/the-rent-a-room-scheme.

Students, save on shopping

Students shopping at the Co-op are on course to save millions after the retailer teamed up with the National Union of Students to offer holders of the NUS extra card a 10 per cent discount in store.

Cardholders can receive more than 170 brand discounts, with NUS extra priced at £12 for one year or £32 for three years.

For further details, or to apply for a NUS extra card, visit nus.org.uk/en/nus-extra.

Free course in finance

Fancy learning more about finance for free? The digital station Share Radio is broadcasting the Open University's Managing My Money course.

The eight-week course includes two 25-minute episodes per week, each with an online test. After the final test, students receive a Statement of Participation certificate from the Open University.

The course starts afresh each fortnight with the next start date 21 September. You can listen on digital or online at shareradio.co.uk.

Bust a gut for a discount

Got a healthy appetite? The more you eat, the more you can save at branches of Yo! Sushi between Tuesday and Friday until 25 September.

Under its Mates Plates offer, eat one to nine plates and you'll save 20 per cent; 19 plates to save 25 per cent; and 20 plates of more for a saving of 30 pe cent.

There are no limits to which plates you can enjoy – but if two of you can eat 50 plates in two hours, you'll get 50 per cent off.

Feeling festive yet?

Is it too early to stock up on sparkling wine for Christmas? Not if you want to make savings. Premier Estates Wine is currently offering up to 25 per cent off, including free delivery.

It means you can get a case of Prosecco, Cava or Grand Rosé for just £36 with free delivery, instead of the usual price of £47.94. Visit premierestateswine.com and use promo code SP36 when ordering.

Sainsbury's baby bargains

Sainsbury's has a new Baby's Big Event lasting until 6 October. Deals include a Munchkin Travel booster seat down from £19.99 to £13.32.

Got any deals and discounts to share with readers? Please send full details and deadlines to yourmoney@independent.co.uk

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