Using 'it' and 'there' as subjects
English clauses always have a subject:
His father has just retired. > He was a teacher.
(NOT Was a teacher.)�I'm waiting for my wife. > She is late.
(NOT Is late.)
... except for the imperative:
Go away.�Play it again, please.
.
There
If there is no other subject, we use there to talk about:
There's an interesting book on the shelf.� There'll be an eclipse of the moon tonight.
There is plenty of bread left.� There were twenty people at the meeting.
There's a small problem.� There was a nasty fight
It
We use it to talk about:
It's nearly one o'clock.�It's my birthday.
It's raining.�It's a lovely day.�It was getting cold.
We use it with the verb be and an –ing form or to-infinitive to express opinions:
It's great living here.�It's nice to meet you.