4 Owners of Furnished Holiday Lets

Furnished Holiday Lettings.
If you own and let out a holiday property in the UK or Europe you are able to claim tax relief known as capital allowances.

Unfortunately many people (and sometimes their accountants) do not realise that you can get tax allowances on buying the property as well as fitting it out! This means that thousands of owners pay too much tax each year!

Do I qualify?
To benefit from these tax allowances you must;

• Have incurred capital expenditure on buying, extending or altering a holiday property
• It must be in the UK or European Economic Area
• Be a UK tax payer who declares the income from your property in a tax return
• Have the property available for letting for more than 140 days a year
• Let the property for more than 70 days each year
• Not let the property for more than 31 days continuously for at least seven months of the year

How much could I save?
Typically you can claim between 10% and 25% of the purchase price of a property, although the actual calculation require by HMRC is far more complex.

We'd be delighted to give you a free initial assessment of what you could save on your property - click here>> or call 01905 619224

How can we help you?
Unlike some so called "experts", we are RICS qualified surveyors with over twenty years experience in saving our clients money. We work on a success only fee basis which means that our fees are paid from the savings you achieve - often this means a cheque back from the Tax Man!

We work with your existing advisors to ensure you get what you are due in as short a time frame as possible.

It is never too late!
As long as you still own the property, you can still make a claim for the expenditure you have incurred.

The rules are changing - so get your claim in now!
HMRC are changing the rules from next April so the sooner you claim, the easier and larger your claim will be.

For a free quote click here>>

For information from Directgov click here>>