Accounting Journal

Accounting Journal

Using a property company for furnished holiday lets

Asif Patel's avatar
Asif Patel
Nov 30, 2024
∙ Paid

The current tax regime for furnished holiday lettings has a number of advantages, including the ability to deduct interest and finance costs in full when calculating the taxable profit. This enables the landlord to secure tax relief for interest and finance costs at their marginal rate of tax, something that is advantageous where the landlord pays tax a…

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