Budget changes: Holiday Lettings

Apr 23, 2009 2 Replies

It has been reported in the press that the "capital gains" benefits of operating a holiday let will be removed, along with the other tax benefits (and presumably become the same as any other rental property).



But given that business taper relief was removed last year, what CGT benefits remain for a holiday let? (I know what the "other tax" benefits are)



(Just interested in filling in a gap in my knowledge, I don't have one)



tim


see page 4 of the following link

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see page 4 of the following link

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Ah, I'd forgotten about the replacement: "entrepreneurs' relief"

thanks

tim

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