Earn €14,000 tax free by renting a student a room
Homeowners are being urged to rent a room in their home to a student, and, in doing so, earn €14,000 a year tax free.
South Technological University’s (SETU’s) SETUStudentPad website helps connect homeowners, landlords, and individuals looking for a flatmate or housemate directly to SETU students in Waterford, Carlow and Wexford.
With demand for accommodation sky high, SETU want to ensure that their students have the best option available to source accommodation.
Householders or landlords with a room or property to rent are urged to place their ads on the free SETUStudentPad platform now in advance of the start of coming academic year in September.
Return of the digs
With an ongoing shortage of rental accommodation, it is anticipated that there will be high demand for lodgings and digs across all three locations. Requirements will include students who want to rent a room mid-week while their course runs, international students here for one semester, apprentices on block study, whilst others may be looking for a room for the full academic year.
Jacqui O’ Connor, SETU’s Head of Accommodation outlines that, “On 25 August, when the Leaving Cert results are announced, we will once again witness a high demand for student housing. The SETUStudentPad website will not alone be a search engine for our students looking for houses, apartments and digs, but also gives homeowners, landlords, and people looking for a flatmate or housemate the opportunity to advertise properties free of charge to incoming students. It allows them the opportunity to take advantage of the country's rent a room scheme, where they can earn up to €14,000 a year tax-free annually.
“We invite both landlords with properties to rent and individuals with a room to rent to sign up free of charge and advertise their properties as soon as possible.”
Free to advertise
It is free to advertise using the SETUStudentPad platform and people can start adding their room/property to http://www.setustudentpad.ie/ The website connects people with rooms to rent with students seeking accommodation. It is also suitable for landlords, and accommodation providers such as B&Bs, and hotels wishing to advertise vacancies directly to SETU students. The contact details for people unable to place an ad online are 087-2904612.
Information evenings will take place in Waterford on Tuesday, 30 May at SETU Arena from 4-7pm, in Carlow on Wednesday, 31 May at the Carlow Campus from 4-7pm and in Wexford on Thursday, 1 June at the Wexford Campus from 4-7pm. Interested property owners can obtain further information in relation to SETUStudentPad at these events.