info@makesworth.co.uk
Mon - Fri: 9:30 AM - 6:00 PM 
Talk with us: 02079938850
Landlords with furnished holiday lettings (FHLs) currently enjoy favorable tax advantages compared to those letting residential property on longer-term lets. However, these advantages will end, and from 6 April 2025 FHLs will be treated as other residential lets. However, transitional rules will allow landlords to access some capital gains tax reliefs for a limited period.
Learn More
The interest restriction for landlords letting residential property on long lets, the proposed abolition of the favorable furnished holiday letting rules,, and lower corporation tax rates led many landlords to question whether it would be preferable to let property through a company instead. Like most things, there are pros and cons. Advantages As for any
Learn More
Landlords with furnished holiday lettings (FHLs) face an uncertain future. At the time of the Spring 2024 Budget, it was announced that the tax regime for FHLs would be abolished on April 6, 2025. However, no further details were announced before the general election was called, leaving landlords uncertain as to whether the proposals would
Learn More
People set up in business for a variety of reasons. For some it is a dream that becomes a reality some years later. In working towards that dream, they may purchase items before the business starts to trade, to enable the business to trade, rather than for the purposes of the trade, e.g. a professional
Learn More