{"product_id":"books-furnished-holiday-lets-by-carl-bayley","title":"Furnished Holiday Lets","description":"\u003cp\u003eFurnished holiday lets currently benefit from a special tax regime that provides many tax reliefs not enjoyed by other landlords.\u003c\/p\u003e\u003cp\u003e\u003cbr\u003e\u003c\/p\u003e\u003cp\u003eUnfortunately, Chancellor of the Exchequer Jeremy Hunt announced the abolition of this special tax regime in his March 2024 Budget.\u003c\/p\u003e\u003cp\u003e\u003cbr\u003e\u003c\/p\u003e\u003cp\u003eThe good news is these changes will not take place until April 2025, giving owners of furnished holiday lets time to plan for the transition, mitigate the impact, and make the most of the current tax benefits while they can.\u003c\/p\u003e\u003cp\u003e\u003cbr\u003e\u003c\/p\u003e\u003cp\u003ePrompt action could save you many thousands of pounds now and in the years to come.\u003c\/p\u003e\u003cp\u003e\u003cbr\u003e\u003c\/p\u003e\u003cp\u003eThis unique new guide tells you everything you need to know about the changes.\u003c\/p\u003e\u003cp\u003e\u003cbr\u003e\u003c\/p\u003e\u003cp\u003eSubjects covered include: \u003c\/p\u003e\u003cp\u003e\u003cbr\u003e\u003c\/p\u003e\u003cul\u003e\n\u003cli\u003eHow properties qualify for the current regime, some of the background to its abolition and who will be affected.\u003c\/li\u003e\n\u003cli\u003eThe current income tax treatment of furnished holiday lets, how to maximise the benefits of the current regime before it's too late and minimise the cost of the changes.\u003c\/li\u003e\n\u003cli\u003eHow the furnished holiday letting regime operates for companies - the impact will be less severe but there are still important planning points to consider.\u003c\/li\u003e\n\u003cli\u003eThe many capital gains tax reliefs that currently apply and a range of tax planning measures that can be used to make the most of the current regime.\u003c\/li\u003e\n\u003cli\u003eThe impact of stamp duty land tax on many of the tax planning measures considered in this guide.\u003c\/li\u003e\n\u003cli\u003eA potential escape route for furnished holiday let owners: achieving 'trading status'. For some the benefits could be huge.\u003c\/li\u003e\n\u003cli\u003eMoving your furnished holiday letting business into a company: how to minimise the cost of the transfer and maximise annual savings thereafter. Using a company is not always a 'no brainer', but worth considering.\u003c\/li\u003e\n\u003cli\u003eWhy now may be the ideal time to carry out inheritance tax planning that could save your family hundreds of thousands of pounds.\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"World of Books ","offers":[{"title":"Default Title","offer_id":53509406621969,"sku":null,"price":0.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9781911020929.jpg?v=1778161110","url":"https:\/\/www.worldofbooks.com\/products\/books-furnished-holiday-lets-by-carl-bayley","provider":"World of Books ","version":"1.0","type":"link"}