Does your serviced accommodation property qualify as a Furnished Holiday Let (FHL)? 

As a furnished holiday let or serviced accommodation business there are some great tax implications if you qualify as a Furnished Holiday Let. There are some specific tax rules and this video will take you through what the rules are.
In the video today:
General Rules
Occupancy Rules
Averaging Relief
Period of Grace Rules
Thanks for tuning in to the video.
If you know anyone who may find the property information helpful and useful then please share it with them too.
Subscribe to the channel and press the notifications button to ensure you keep up to date with the latest property tax and accounting videos
If you need help from an accountant then check out www.shapcotts-a...
Check out my links at linktr.ee/Kimb...
DISCLAIMER: Please be advised that the content of my media is my personal opinion and is intended FOR GENERAL INFORMATION PURPOSES ONLY, not specific tax advice. Nothing herein shall be construed to be financial, legal or tax advice. The content of this video is solely the opinions of the speaker. Making decisions on your tax position and investment decision is your own and appropriate specific targeted advice from a qualified accountant or tax advisor should be sort. The speaker will not be held responsible for any losses or gains based on decisions made following watching this video. Always do your own research and seek advice from an appropriately qualified professional.
#property #propertytax #propertyinvestment #accountants #taxadvisor #Landlord #propertyinvestor #taxrules #FHLs #servicedaccommodation #Furnishedholidaylets #shapcottsaccountants #believepropertyltd
Final editing by Shapcotts Online Productions.
Thumbnail by Unknown Creatives (Midlands) Ltd.
Music Credits:
Happy Upbeat Corporate | WORK by Alex-Productions | / @alexproductionsnocopy...
Music promoted by www.free-stock... Creative Commons Attribution 3.0 Unported License creativecommon...
Upbeat Corporate by JP Bianchini | / jpmbianchini
Music promoted by www.free-stock... Creative Commons Attribution 3.0 Unported License creativecommon...
Photo credits:
Background photo created by kues (Freepik.com) and Photo by Tom Barrett (Unsplash.com)
Video Credits:
Video by Mikhail Nilov from Pexels