Furnished Holiday Lets – Emergency Tax Guide – by Carl Bayley BSc ACA

Last Updated on December 7, 2009 by Mark Lavington

Here is another Tax Guide written by renowned property tax expert Carl Bayley and published by respected Taxation advisors, Tax-Cafe.co.uk. 

Holiday Home Insurance Specialists, Boshers Ltd have negotiated a 30% discount off the purchase price of £24.95 + £1.95 P&P for our clients and friends. For discount code details and information on how to purchase a copy click this link: Furnished Holiday Lets – Emergency Tax Guide – 30% Discount 
Tom Entwistle of www.landlordzone.co.uk recently published the following review: “Given Carl’s extensive knowledge of UK property taxation rules, this guide is about as good as it gets in regard Furnished Holiday Lettings taxation, coming up to the major changes in the law after 6 April 2010.

Despite the many uncertainties as to the exact situation after 6th April, as we are still waiting on detailed guidelines from HMRC, Carl gives some very relevant insights into the future and some valuable pointers as to what you can do in the short-term, if you are in the Holiday Lettings business.

Carl starts by comprehensively recapping the rules as they stand today; examining each of the main tax reliefs available until 5th April next, in turn.

One by one he considers what action landlords can take in the short-term to maximise the reliefs they can claim before the abolition of the current regime.

Having considered the short term, Carl goes on to consider the potential future landscape after 6th April next. Using lots of practical examples the guide is easy to follow for the layman and professional alike.

Interestingly, chapter 8 considers a possible “work-a-round” in the form of a Trading Status alternative to Holiday Lettings Businesses, similar to that of guest houses and hotels.

Chapter 9 considers the issues around adopting property as holiday lets in the time left, and Chapter 10 looks at the temporary extension of the Furnished Holiday Lettings regime to the European Economic Area (EEA).

This tax guide is a must for any landlord with Holiday lets.”

Buy your copy of Furnished Holiday Lets – Emergency Tax Guide – by Carl Bayley BSc ACA at a 30% Discount here. 


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