Posts Tagged ‘ Furished Holiday Lets ’

Fewer Holiday Lettings This Year in the UK?

Mar 31st, 2010 | By

UPDATE: Due to the election and the rush by the government to get legislation through, this tax alteration has been dropped. That’s not to say it may not be reintroduced if Labour wins the election but, for the time being, things remain as they are.
Unless you own property that is used as a holiday letting, you may not be aware of the new tax rules that come into being from April 6th. A lot of owners are giving serious consideration to selling up or stopping making their cottages and houses available as holiday lets so there could be a shortage available in the future.
What has brought this about?