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Experts reveal if you should buy or sell a house before the election

Typically in the run-up to a general election property buyers and sellers sit on their hands. The market gets stunned into stagnation and estate agents might as well take a month or two off. ....

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Shropshire Farming Talk with Agri Advisor

Budget time is always a time when the team at Agri Advisor are focused, and often apprehensive, about the changes that will affect our clients, and this year was no different. ....

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Duncan & Toplis expert writes about how the latest budget helps businesses at grassroots level

Duncan & Toplis expert writes about how the latest budget helps businesses at grassroots level
newarkadvertiser.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newarkadvertiser.co.uk Daily Mail and Mail on Sunday newspapers.

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PIM4110 - Property Income Manual - HMRC internal manual

How rents from UK properties are taxed ....

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PIM4140 - Property Income Manual - HMRC internal manual

PIM4140 - Furnished holiday lettings: special tax treatment of furnished holiday lettings
You should check the other guidance available on GOV.UK from HMRC as Brexit updates to those pages are being prioritised before manuals.
Furnished Holiday Lettings (FHLs) are treated slightly differently from other rentals for certain tax purposes
Capital allowances
FHLs are treated as a trade for the purposes of giving capital allowances. FHL businesses are entitled to capital allowances on the furniture, white goods, etc. within the property but non-FHL businesses do not qualify for these capital allowances. For more information on capital allowances – what items qualify and how to work out the allowance – read Helpsheet 252 Capital allowances and balancing charges. There are no capital allowances for the cost of the property itself or the land on which it stands. ....

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