The information in this blog is based on guidance taken from the HMRC’s website. However the reason that we are interested in talking to Furnished Holiday Let (FHL) owners is that in most cases they have not claimed for the “Fixtures” within their properties. i.e. assets such as the heating, electrical systems and sanitary ware […]
Is it still worth making a claim for capital allowances on a Furnished Holiday Let? In this blog we explore whether it is still worth making a claim for capital allowances on a furnished holiday let or lets (FHLs) in the European Economic Area (EEA) which includes the UK. If a claim is possible then […]
The answer to the above question is yes Furnished Holiday Lets do attract capital allowances provided they meet the qualifying criteriat:- The owner must pay tax in the UK. The property must be let for a minimum of 70 days per year and available to let for 140 days per year The property must […]
