Furnished Holiday lets - non-compliance of the rules - implications post covid. Of the sectors of the UK economy affected by the pandemic, it has been the travel and tourism sector that has been hit most. One area particularly hard hit being the Furnished Holiday Let...
Simon Thandi looks at the impact of the recent tax changes when property businesses acquire electric vehicles. In particular the impact for property investors that hold their rental properties in a buy to let limited company. Many businesses all over the UK are now...
Air BnB Furnished holiday lettings have a number of tax advantages compared to standard residential lets. One of the key ones is the availability of business asset rollover relief. This enables furnished holiday let owners to sell one property and invest in another...
As an Air BnB accountants the taxation of furnished holiday lettings offers some unique tax-saving opportunities. All business must start at some point, and a furnished holiday lettings (FHLs) business is no exception. Unlike other rental properties, furnished holiday...
We often get asked about the tax treatment of interest on Furnished Holiday Lettings (FHL). As specialist furnished holiday lettings accountants, here we focus on the tax treatment of mortgage interest payments. Furnished holiday lettings are something of a special...
In many ways, HMRC has become much easier to deal with in recent decades. Its officials seem more willing to talk and to give advice – and often more flexible. At the same time, any landlord contacting them should be careful and methodical.
After a series of unpopular tax changes in the buy-to-let sector, many landlords have decided to move to short-term letting on platforms like Airbnb.
As the COVID-19 pandemic hit earlier this year, owners of holiday rentals, including Airbnb hosts, saw their previously lucrative businesses dry up almost overnight. Here’s what you can do as an Airbnb landlord.