With the holiday season fast approaching, if you have a furnished holiday property, do you know the tax relief benefits which wouldn’t otherwise be available to residential landlords, providing certain conditions are met? The attached details advantages and disadvantages associated with letting property as holiday accommodation.
Click this link to read the attached update detailing the pros and cons of letting furnished holiday accommodation. To discuss the tax implications, don’t hesitate to contact Amanda Williams FCA or Thomas Pottinger FCA on 01276 674870.