FHL | AccountingWEB

FHL

Brief scenario : 2 properties owned, both run as FHL (meeting HMRC criteria) and generating profits. One will result in a capital gain on sale, the other a capital loss.

4

Are FHL properties safe from the newest finance cost relief restrictions for landlords of residential property?

 

2

Business Property Relief (BPR) is available to reduce the liability to Inheritance Tax (IHT) on the transfer of relevant business assets.

A single FHL property is owned by Mr and Mrs client.

3

I am in the process of renovating a house with the intention of letting it as a furnished holiday let from this summer onwards.

1

I have a client who has a FHL and in 2013/14 it was let for more than 155 days to one company.

1

Further to a recent question of mine, I have been tasked with finding a way around the 28% rate of CGT for a client of mine who wishes to dispose of his entire residential letting portfolio.

24

Client has bought an 8 bed Norfolk holiday home which was historically let for a just a few summer months by previous owners.

7

Hello

I understand that the owner of a property business can borrow against his capital account and any interest charged on this is deductible against the property income

1

Pages