Whether you’re dreaming of a Cornish cliffside cottage or a Northumberland bolthole, owning a holiday let is the ultimate property investment dream for many.
With 4 in 5 Brits planning a 2021 staycation, it’s easy to see why more and more property investors are considering purchasing a holiday let.
In this guide, you’ll learn about the tax advantages of furnished holiday lets, including:
The statutory definition of a furnished holiday let
Advantages and disadvantages to be aware of
FHL tax allowances
Key things to consider before investing