US EditionFurnished holiday letting – changes to tax
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Furnished holiday letting – changes to tax
From the 6 April 2025, the tax treatment of Furnished Holiday Lets (FHL) changed. Income from these properties is now treated the same as other residential lets. This is expected to impact 127,000 holiday let owners across the country. What has changed for FHLs? Furnished holiday lets are now part of an individual or company’s UK or overseas property business. The property business will include the amalgamation of all profits and losses of all…
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