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Joint owners of Furnished Holiday Lets prepare for increased taxes - Smailes Goldie
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Joint owners of Furnished Holiday Lets prepare for increased taxes - Smailes Goldie
With the abolishment of the specific tax considerations for Furnished Holiday Lets (FHL) from the beginning of the current tax year, owners need to prepare for higher tax bills. Given that couples and joint owners of FHL benefited from specific considerations, they may find themselves uniquely impacted by the changes. To avoid being hit with a surprise bill, it is worth understanding the changes and what can be done about them. How have the Furn…
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