Hi I have split with my partner and i am thinking of moving into my parent's home as they have both gone into aged care.
My ex-daughter in law, her sister and my granddaughter are thinking of moving in with me and will likely pay me some money to stay there, as well as contribute to some of the bills.
I'm not doing a lease or asking for a bond.
Will I need to declare this as income in my tax and will my ex-daughter in law be able to get rent assistance seeing as she's not really renting from me and doesn't have a lease.
I haven't worked out definite numbers but they will probably be paying up to $750 a week between them.