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Do you own a furnished holiday let?

If yes, are you aware of your eligibility for Capital Allowances for furnished holiday lettings? Whether purchased or constructed – encompassing conversions, alterations, and fittings – you might be overlooking a significant tax relief opportunity.

How can I benefit?

  • Claim tax relief against your income based on certain letting availability criteria.
  • Potentially harness tax savings of 20-50% on the purchase and 30-70% on further construction expenses.

Is there tax relief available?

Inland Revenue suggests that merely 10% of business owners, including those in furnished holiday lettings, bother to claim this tax relief.

Why? Claiming Capital Allowances on furnished holiday lettings is not purely accounting. It requires a mix of property and construction law.

Have you and/or your accountants looked into Capital Allowances for furnished holiday lettings? If uncertain or if the answer leans towards a “No”, it’s time to revisit as you may be missing out on significant tax relief.

Don’t leave valuable tax reliefs untapped.

Chat with us today in a free, no-commitment assessment to ensure you can fully benefit from capital allowances for your furnished holiday lettings.

Contact us

Get the tax relief you are entitled to

If you need the help of a tax consultant to identify what tax relief you are eligible for on your commercial property, contact us today to have a no obligation chat.

We’ll do our best to call when it’s convenient for you.

Case study

A customer success story

Converting a building

Croydon Gym converted an old Co-op building into a state of the art gym for future gymnasts. He saved £330k which significantly improved his financial planning for the next 5 years

Read more

I was really impressed with the thorough and conservative approach from Paul. He stated the fact and didn’t take any risks, which was exactly what I needed. I couldn’t have been happier with the end result and we got the best outcome we could have hoped for. I just wish I had a wider portfolio so I could use him on more things!

William Flint
CGC Elite Ltd