Furnished Holiday Letting (FHL) tax rules

We’re currently in a cost-of-living crisis. Living costs are rising at their fastest rate in 30 years ; a typical domestic energy bill will rise by about £700 a year in April ; National Insurance tax expected to jump to 1.25 percent, and inflation to climb above seven percent this year.

And while that wasn’t enough to contend with, from April 2023 holiday homeowners are to be hit...