Furnished Holiday Lettings Tax Changes: What Property Owners and Landlords Need to Know
Do you own a Furnished Holiday Let? Here are the upcoming Changes to Tax Rules you need to know about. The government has announced new tax rules for furnished holiday lettings (FHL), which will come into effect soon. These changes will see FHL income treated the same as other property income, and the preferential tax rules that applied to FHLs as a trade will be repealed.
This may impact your tax planning, so here’s a summary of the Furnished holiday let tax updates and key changes
