From April 2025, the tax benefits of Furnished Holiday Lets will be removed, impacting mortgage interest relief, capital allowances, and profit allocation. Many landlords may need to rethink their strategy, but with careful planning, there are still options available to mitigate the changes and structure their rental business effectively.
From April 2025, the tax benefits of Furnished Holiday Lets will be removed, impacting mortgage interest relief, capital allowances, and profit allocation. Many landlords may need to rethink their strategy, but with careful planning, there are still options available to mitigate the changes and structure their rental business effectively.
The sales turnover threshold at which a business would ordinarily be required to register for VAT in the UK has been £85,000 since 1st April 2018, only now changing to £90,000 from 1st April 2024.
The Fishbourne Accountant is a brand name of The Fishbourne Accountant Ltd, a company registered in England and Wales.
Company no11697791
Registered office address
11 Barker Close Fishbourne West Sussex PO18 8BJ
Insured by Hiscox
Policy No. PL PSC1002349995/00
1 Great St Helens
London
EC3A 6HX
UK
0800 280 0351 9:00am – 5:30 pm Monday to Friday
claims@hiscox.co.uk
Territorial Coverage: worldwide excluding USA and Canada
Monica Jervis is licensed and regulated by AAT, licence number 6697.
