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Book Review - Furnished Holiday Lets, by Carl Bayley

Note - the Landlord Law Blog has now moved to www.landlordlawblog.co.uk.

If you rent out furnished holiday accommodation, you should buy this book. At present there are tax advantages in renting out furnished accommodation, but on 10 April, this will all change. Carl Bayley has written this book to explain the changes that will take place, and give guidance on what should be done in the run up to 10 April 2010.

Landlords will (or should) already be aware of Carl Bayley as a tax author, as he has written a number of well received books in the past, such as How to Avoid Property Tax.

This book will only be relevant for a few months, so (if you own a holiday home you rent out) should be bought as soon as possible to maximise the value you can get from it. Areas covered are:

• the current regime
  
• what will happen on 6 April 2010
  
• capital gains tax
  
• capital allowances
  
• loss relief
  
• pension contributions
  
• inheritance tax

You can read more and buy the book online here.

(NB the links in this post are affiliate links).

Full post as published by The Landlord Law Blog on November 17, 2009 (boomark / email).