Run holiday lets, Airbnb and serviced accommodation tax efficiently

Holiday let frequently asked questions

Why do holiday let investors now prefer limited companies?

In April 2025, the furnished holiday let tax regime is coming to an end, which means holiday let owners will be subject to larger tax bills.

Given the potential for high incomes from a holiday let, using a limited company helps manage your tax more efficiently, and offers more flexibility. For example, you can offset your mortgage interest from your holiday let income, reducing your tax bill.

If you don't use a limited company you will need to do a self-assessment tax return for the rental income, and pay income tax on your profits. Our free Pro Masterclass explains more about this aspect of investing.

Why do I need a specific set up for a holiday let business?

Taxation for holiday lets and Airbnbs is sensitive to government manifestos and annual Budgets. As tax often changes year to year, a limited company set specifically for holiday lets gives you room for manoeuvre.

Do you have experience with holiday let / airbnb landlords?

Yes, we support a wide range of property investors, and our team has extensive experience with all kinds of property tax matters, including those specific to holiday lets and Airbnb landlords.

How long does it take to get the company set up?

Setting up a company typically takes around 3 working days, depending on Companies House processing times. More complex company setups may take longer.

Can I make changes to my company once it’s set up?

You can, but it might not be tax efficient and it could be costly in legal fees. It's best to set up your company correctly from the start. Our expert property tax advisors can guide you through this as part of our Advisory packages or in a one-off tax consultation.

Can you be my registered office?

Yes, you can keep your home address private by using our registered office address service. This service is included in our Advisory packages and can be added to our Ordinary or Optimised packages for just £5/month.

Do I need a business bank account?

Yes, limited companies must have a business bank account. This is because your company is a separate legal entity, and it’s a legal requirement to keep your personal and business finances separate.

What happens when I add more holiday lets?

If you exceed the number of holiday lets included in your package, you can add additional holiday lets or upgrade to a more comprehensive package to suit your needs.

If I become a director or shareholder of a limited company, would I lose my personal first time buyer perks?

No, as the company is a separate legal entity. As long as the property you are buying in your own name is your first, the first time buyer allowances should still apply.