care. we are still awaiting a bit more detailfrom labour about care. we are still awaiting a bit more detail from labour about what exactly this landlord tax will look like, how much exactly it would raise and also it has been criticised a little bit by the prime minister himself, accusing it of not raising enough this is certainly going to be a key battleground for some time to come with some conservatives already nervous that their plan to hike national insurance tax is going to hit them politically, especially when workers start paying hundreds more pounds a yearin start paying hundreds more pounds a year in tax when that levy gets introduced. labour under pressure to provide a little bit more detail about what sums they would use instead to raise enough money for all of this. at least two people have been killed in a tornado which swept across the italian island of pantelleria. nine others were injured four critically as cars were overturned and roofs torn from buildings on the
LandlordZONE
One such review likely to concern landlords and property owners was around the tax and allowances of
Furnished Holiday Lets (FHLs). These policy changes are a reaction to the increasing number of homeowners using sites like Airbnb to make additional income on their homes.
Owners of FHLs receive a number of tax reliefs and allowances, providing that they meet the criteria set by the government. For example, properties that qualify as a FHL are subject to business rates instead of council tax. Business rates are cheaper, as they are deemed to be commercial premises, and the majority of FHLs are also viable for small business rates relief. This means that you could end up paying no rates at all.