Furnished Holiday Lets, FHL, Tax Treatment, Budget Announcement, Capital Allowances, Pension Contributions, Capital Gains Tax, Anti-Forestalling Measures, Residential Property, Disposal, Contract for Sale, CGT Rates, Transitional Rules, Government Announcement, Tourism Industry, Tax Breaks, Short Term Lettings, Preferential Treatment, Geographical Location, General Election, Law Changes, Government Policy, Budget Implications, Bush & Co
News

Abolition of Furnished Holiday Lets

One of the stand out policies announced in the chancellor’s recent budget, particularly given our geographical location and the size of our tourism industry, was the abolition of the preferential tax treatment of Furnished Holiday Lets (FHLs).

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Insight

Changes in Taxation for Supplementary Income

For individuals engaged in additional income streams alongside their regular employment or those participating in sales through popular resale platforms such as eBay, Vinted, or Etsy, recent modifications in tax reporting, often referred to as the ‘Side Hustle Tax,’ have garnered attention.

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