Accommodation that qualifies as Holiday Lets

28 Sep 2023 | HMRC notices

The furnished holiday lettings (FHL) rules allow holiday letting of properties that meet certain conditions to be treated as a trade for specific tax purposes.

In order to qualify as an FHL, the following criteria need

Replacement of domestic items relief

28 Sep 2023 | HMRC notices

The replacement of domestic items relief enables landlords to claim tax relief when they replace movable furniture, furnishings, household appliances and kitchenware in a rental property. The allowance is available for