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What is a furnished holiday letting (FHL) business?

There are strict rules for a property rental business to qualify as furnished holiday lettings. The most important conditions are: The property must be situated in the UK or European Economic Area (EEA) Furnished and let on a commercial basis Available for letting for...

Advantages of Furnished Holiday Lettings

Many of the recent changes in the taxation of buy to let rental businesses do not apply to property businesses that qualify as furnished holiday lettings (FHL). In particular the restriction on deductibility of finance costs that started to apply from 2016/17 does not...