Last tax year you started letting a property as a holiday let. The trouble is that to qualify for the special tax breaks it must be let for 105 days in the tax year and you didn’t reach this figure.
Is there a way around this rule?
Published 05.09.2019
You’re selling a property that until two years ago was let as holiday accommodation. Since then you, your family and friends have used it for the occasional weekend. Does the special lower rate of
capital gains tax still apply to the gain you make?
Published 21.12.2022
The prospects of you letting your holiday home are looking glum this season. As a result, it might cease to qualify as a furnished holiday let and so lose the corresponding tax advantages. What steps
can you take prevent this?
Published 28.05.2020
If you let out a property as a holiday home and meet the right conditions, you can claim capital allowances as a deduction against the rent you receive. But where do you stand if you meet the
conditions only some of the time?
Published 13.11.2014
A taxpayer has defied the odds and successfully argued at the tax tribunal that a furnished holiday letting business qualifies for inheritance tax relief. Does the decision mean your own letting
business is more likely to qualify?
Published 16.10.2018
You want to pass on your second home to your children as part of an Inheritance Tax planning exercise, but there is likely to be a large Capital Gains Tax bill to pay. Is there any way to avoid this
tax charge?
Published 31.03.2008
This summer will be your first stab at the Airbnb market. You’ve read a lot about the various alternatives for tax deductions and allowances you can claim, but which are open to you and which can
save you the most tax?
Published 26.06.2019
There’s more than one rule which determines the type of tax relief you can claim for capital expenditure in a property rental business. Different rules can apply from year to year. Which can you
claim and how can you ensure maximum relief?
Published 07.01.2020
The Spring 2024 Budget was a mixed bag for residential landlords. The Chancellor gave with one hand and took away with the other. As a property owner, what might the changes announced mean for you?
Published 18.03.2024
It matters what type of tenant you’ve had in your investment property when you come to sell it. How can you minimise the Capital Gains Tax bill that comes out of those sale proceeds?
Published 28.09.2006