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France ForumOwning/Running ...Gite Owners For...Re: BBC..UK self catering tax perks to stop.

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   07/12/2009, 7:14
milkeybar kid is not online. Last active: 04/07/2010 21:41:36 milkeybar kid



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BBC..UK self catering tax perks to stop.
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Does it effect many of you here ? Listening to the news this morning again the UK government are trying to get much needed money, they are proposing that UK self catering tax breaks to owners in UK are to be abolished because (so they say!!) it could be breaking UE rules.MBK
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   07/12/2009, 9:52
Pickles is not online. Last active: 29/07/2010 08:23:53 Pickles



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Re: BBC..UK self catering tax perks to stop.
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 milkeybar kid wrote:
Does it effect many of you here ? Listening to the news this morning again the UK government are trying to get much needed money, they are proposing that UK self catering tax breaks to owners in UK are to be abolished because (so they say!!) it could be breaking UE rules.MBK

IIRC, this was originally announced in the last Budget, to take effect from the next tax year (ie 2010-11) and removes the preferential treatment of holiday lettings vis-a-vis longer-term lettings.
Am I correct?

Regards
Pickles

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   07/12/2009, 10:19
Pierre ZFP is not online. Last active: 06/05/2010 17:22:27 Pierre ZFP



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Re: BBC..UK self catering tax perks to stop.
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So what sort of Perks are currently OK then? (not that I do any sort of renting - just curious)
Make tea not war
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   07/12/2009, 22:46
milkeybar kid is not online. Last active: 04/07/2010 21:41:36 milkeybar kid



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Re: BBC..UK self catering tax perks to stop.
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I caught only the highlights but it seemed to refer to renovations but also I think you are not taxed on the income quite the same? possibly. Surely someone here could enlighten us,it does not effect me but I just like to know about these things. Edited.... this is an old link from when it was first mooted, but explains more than I knew before!!!
http://news.bbc.co.uk/1/hi/business/8013022.stm
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France ForumOwning/Running ...Gite Owners For...Re: BBC..UK self catering tax perks to stop.

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