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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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Tax changes for Furnished Holiday Lets (FHLs) ‒ What you need to know


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. ....

United Kingdom , Furnished Holiday Lets , European Economic Area , Capital Gains Tax , Asset Rollover , Furnished Holiday Lets , Hm Treasury , Landlord Tax , ஒன்றுபட்டது கிஂக்டம் , வழங்கப்பட்டது விடுமுறை அனுமதிக்கிறது , ஐரோப்பிய பொருளாதார பரப்பளவு , மூலதனம் ஆதாயங்கள் வரி ,