What are my responsibilities in terms of tax and insurance?
It is the Host Family’s responsibility to meet any tax liability incurred as a result of hosting HFS London students. HFS London will not report hosts’ earnings to the Inland Revenue and will not be involved in Host Family’s personal tax matters unless we are required to by law.
Currently the amount that a Host Family is entitled to earn from making available rooms in their home without any tax liability is £4,250.00 per annum.
If a student admits liability for damaging property in the home, HFS London will contact the student directly or through his/her place of study to attempt to recover the costs of the damages on your behalf. In practice damages to property are a rare occurrence. However, when they do occur we are relying on the integrity of the student to be able to recover costs for the Host Family.