Tell the Taxman

Tell the Taxman

Inform the tax man, but it’s not all doom and gloom there are allowances you are entitled to.

You may have to pay tax on your rental income and complete a self assessment tax return.

Holiday rental properties should be treated like a business and this comes with  advantages, such a Capital gains relief and expenses like utility bills, agentc fee, furnishings and equipment. See professional advice, this is something we can help you with.

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