CLA78 - The taxation of furnished holiday accommodation

Many farmers and landowners let furnished accommodation to holiday visitors. Not only does this create income tax liability on the rental income, it may also have tax implications on areas such as capital gains tax (CGT) and inheritance tax (IHT). The challenge for any owner of a furnished holiday letting (FHL) business is to grapple with HMRC’s confusing treatment of this area.

This handbook provides a general overview on the subject. It examines the statutory requirements to qualify as a FHL and the application of the various taxes to the FHL business, including income tax, CGT, IHT and VAT. 

To order this handbook:

telephone 020 7235 0511 - please have your membership and credit card numbers to hand;

or

write to CLA, 16 Belgrave Square, London, SW1X 8PQ enclosing a cheque made payable to CLA.

Price for members: £29 - Price for non-members: £129

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