Category Archives: UK Taxation

If you miss the Self Assessment filing deadline from this year (i.e. 2010-11 tax returns onwards) you will be immediately liable for late filing penalties. The penalty will apply even if there is no liability or if any tax due … Continue reading →

Furnished Holiday Lets (FHLs) and Capital Allowances (CAs) Claims on the Integral Plant and Machinery: As covered in another of our blog posts, FHLs (whether situated in the UK or EU such as Spain, Portugal, France etc) are treated as … Continue reading →

HMRC published Helpsheet 253 in August 2011 on Furnished Holiday Lettings (FHLs). This follows the change in tax rules in this area from the 2011/12 tax year (the year ending 5 April 2012). Set out below is a summary of … Continue reading →