Mercer & Hole Partner, Sandy Bell features in the latest edition of Optima Magazine, looking at the tax planning benefits of Furnished Holiday Lettings (FHLs).
In response to an uplift in enquiries from buy-to-let investors reviewing their property portfolios, Sandy considers the potential tax efficiencies associated with Airbnb type lettings. He looks at the qualifying criteria for an FHL and what happens to profits on the property if sold.
If you would like to review your options, please get in touch with Sandy or your usual contact at Mercer & Hole