Furnished Holiday Lettings

Capital allowances are available for qualifying Furnished Holiday Lettings located in either the UK or the European Economic Area.

A formal lease agreement is not a stipulation to claiming this relief, however a taxpayer will nevertheless have to demonstrate that the property is ordinarily let on commercial terms with a view to making a profit.

In order to claim this relief, the taxpayer will need to ensure that the property also meets additional criteria regarding the availability and occupancy of the property. Broadly speaking there are three main test that need to be satisfied.

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