FHL

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.

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

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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

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A husband and wife have three separate letting units at their home which achieve Furnished Holiday Lettings status.  However since the rules changed to prevent an FHL loss being offset against gene

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Hopes of major windfalls in the holiday letting industry were dashed when the upper tribunal overturned a first-tier ruling on business property relief in the case of

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I have a Husband & Wife jointly owning a Furnished Holiday let in which they want to claim Annual Investment Allowance.  I've claimed 2 lots of maximum AIA but HMRC are saying that as an effect

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Facts: H&W bought the main residence in 1993, both earned roughly the same when the house was purchased but H made redundant 6 months later and became house housband.

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In year 1, the Mr A meets the hurdle rate on occupancy for the property to be defined as a FHL for tax purposes.  However, despite a genuine intention to let the property he fall short in year 2, a

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Hi. does anybody know what happens to the loss made on a FHL if the owner decides not to continue renting the property in 12/13 as they now cannot offset it against their taxed income? 

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A client with an FHL has done a big refurb in 2011/12 which given that AIA is still £100K I suspect means with capital allowances there is likely to be a fairly significant loss in the year.  Howev

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