With significant changes to the Furnished Holiday Let (FHL) regime coming into effect in April 2025, owners of holiday rental properties face crucial decisions about their tax position and business structure.
If you’ve invested in a property to let and furnished it, you will be liable to pay tax on the income you receive from letting the property out.
For owners of an Airbnb or other short-term let properties, new planning legislation is set to come in by Summer 2024, which could lead to new fees and penalties for non-compliance.
Investing in property can be a lucrative venture, but it’s essential to understand the implications of Capital Gains Tax (CGT) on these investments to protect your investments from unexpected costs.
The Government is looking to introduce the Renters Reform Bill, which if made law, will be the biggest shake-up to housing laws in forty years. Read more…
As the war in Ukraine rages, the Government has taken steps to crackdown on foreign criminals attempting to launder money through UK property ownership.
Multiple homeowners who leave “holiday lets” empty will no longer be able to claim tax benefits, it has been announced.
A sharp rise in productivity in UK construction sector is good news for SMEs in the supply chain, and the economy overall, as output surged over a four-month period.
Small and medium-sized developers have been invited to apply for up to £10 million in equity funding to build new homes.
According to the UK’s largest mortgage lender, Halifax, house prices in the UK hit a significant record during August but the yearly growth pace in property values slowed. Read more…
