Kreston Reeves accountancy firm has this guidance for landlords letting furnished holiday accommodation. - Draft legislation and associated guidance has now been published...
Archive
31 August 2024
From: Tax & Finance
The choice of holiday let deals is on the rise. According to analysis by Moneyfactscompare the mortgage choices for borrowers looking at...
20 August 2024
From: Breaking News
Stephen Barratt, a partner in the Private Client Services team at James Cowper Kreston offers this help to landlords coping with changes to...
10 August 2024
From: Rental Reform
The abolition of the furnished holiday lettings tax regime - confirmed earlier this week - will punish local economies, according to...
02 August 2024
From: Breaking News
HM Revenue and Customs has opened almost 2,000 investigations into landlords letting out via Airbnb or other short let platforms. The Daily...
21 May 2024
From: Breaking News
The government is ruling out any U-turn on the tax changes regarding furnished holiday lettings - despite substantial complaints from Tory...
03 May 2024
From: Breaking News
The tax reliefs enjoyed by landlords running Furnished Holiday Lets (FHL) were cut by the Chancellor this month. Some say the...
23 March 2024
From: Tax & Finance
The Chancellor has rendered hundreds of lettings businesses unviable overnight as a result of his Budget tax clampdown. That’s the view of...
18 March 2024
From: Breaking News
The chief executive of a short lets service says Chancellor Jeremy Hunt is wrong to think penalising landlords will help solve...
11 March 2024
From: Breaking News
A legal firm says Chancellor Jeremy Hunt has effectively slashed the value of holiday homes which are sold from April 2025...
08 March 2024
From: Breaking News
“Huge numbers” of small family-run holiday lettings businesses in Wales are selling up because of new restrictions and large tax hikes. New...
23 October 2023
From: Breaking News
HM Revenue and Custoims is running a series of webinars aimed primarily at those new to earning income from property of...
20 October 2023
From: Breaking News
When a popular Dorset pub was devastated several years ago, thanks to a huge chimney fire, the owners were left with...
29 July 2023
From: Legislation & Compliance
Recent years have seen a surge in the holiday lettings sector with the popularity of digital platforms like Air BnB. It...
08 July 2023
From: Legislation & Compliance
The managing director of a major holiday lets firm is urging landlords to make their properties dog friendly if they want...
12 April 2023
From: Breaking News
Accountants and tax advisers are reporting that HMRC has sent out a spate of what are called ‘one-to-many’ letters to taxpayers. The...
21 February 2023
From: Breaking News
Private rental property should be “acquired” and used for social housing according to a think tank. And it says tax penalties, laws...
16 February 2023
From: Breaking News
York council has set out strict guidelines for Airbnb style short lets and for holiday rentals. A statement from the Labour-controlled authority...
03 February 2023
From: Breaking News
A holiday lettings agency has taken the unusual step of speaking out in favour of higher council tax for second home...
30 November 2022
From: Breaking News
An influential new report wants higher taxes for landlords letting holiday properties. The Office for Tax Simplification - a division of HM...
07 November 2022
From: Breaking News
A confused and complicated approach to holiday homes in England, Scotland and Wales threatens the future of the holiday letting sector...
05 November 2022
From: Tax & Finance
AirBnb owners are leaving the market for long term lettings following changes to the regulations in Scotland according to a leading...
14 October 2022
From: Breaking News
Managing property finances can be hard work, long-winded and stressful. With regulation changes and market volatility, keeping on top of your...
10 September 2022
From: Tax & Finance
Bringing your pup on holiday is becoming more popular than ever. And with studies finding that ‘dog-friendly’ was one of the...
20 August 2022
From: Agent Advice
Even before the pandemic, we were seeing dramatic changes across the buy-to-let landscape with holiday lets steadily increasing in appeal –...
02 April 2022
From: Top tips & guides
Airbnb entered the realm of holiday lettings in 2009, but it wasn’t until 2016 that it really started to gain traction...
19 February 2022
From: Top tips & guides
A petition calling on Chancellor Rishi Sunak to increase tax on holiday lettings has neared its 45,000-signature target over the weekend. Former...
09 August 2021
From: Breaking News
A holiday lettings agency is offering £10,000 to the owner of what it declares to be Britain’s Best Holiday Let. Sykes Holiday...
06 July 2021
From: Breaking News
Some tenants will spend years living in temporary Airbnb-style short let accommodation after the Coronavirus crisis ends, a lettings platform claims. The...
19 January 2021
From: Breaking News
Britain’s holiday rental market is preparing for a busy year ahead, as many travellers are expected to opt for staycations over...
12 January 2021
From: Property Investment & Strategy
With the staycation boom caused by Covid-19, which is likely to continue for the foreseeable future as travel restrictions remain for...
29 October 2020
From: Property Investment & Strategy
Scotland’s rental market continued to go from strength to strength, with the average rental property north of the border generating a...
24 May 2019
From: Breaking News
If you have inherited a holiday home or B&B you could save thousands of pounds in inheritance tax, according to Kirwans...