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Contents

Official guidance
Property Income Manual

PIM4100 · Furnished holiday lettings

  • PIM4105 · Overview
  • PIM4110 · Qualifying tests for 2011-12 onwards (IT and CT)
  • PIM4112 · Historic qualifying tests for IT
  • PIM4115 · Calculating profits and losses
  • PIM4120 · Treatment of FHL losses for 2011-12 onwards
  • PIM4140 · Special tax treatment of furnished holiday lettings
  • PIM4150 · Historic treatment of furnished holiday lettings
  • PIM4160 · Repeal of Furnished Holiday Lettings rules
  • PIM4130 · Treatment of losses for 2010-11 and earlier
  1. Furnished holiday lettings: contents
  2. Furnished holiday lettings: Historic treatment of furnished holiday lettings

PIM4150 | Furnished holiday lettings: Historic treatment of furnished holiday lettings

From HM Revenue & Customs · Property Income Manual

The furnished holiday lettings rules will cease to apply in tax years commencing on or after 6 April 2025 for Income Tax and for Capital Gains Tax, and 1 April 2025 for Corporation Tax and for Corporation Tax on chargeable gains.

Historic treatment of Furnished Holiday Lettings

Table shown as recovered text

IT Subject matter ICTA88/S379A - S390 Loss reliefs available as for trades: see PIM7250 (1995-96 to 2006-07). ITA07/S127 Loss reliefs available as for trades: see PIM7250 (2007-08 to 2010-11). ICTA88/S623 (2)(c) FHL profits counted as relevant earnings for the purposes of Retirement Annuity Relief (1995-96 to 2005-06). ICTA88/S644 (2)(c) FHL profits counted as relevant earnings for the purposes of personal pension relief (1995-96 to 2005-06). ICTA88/S833 (4)(c) FHL profits counted as earned income (1995-96 to 2006-07). FA04/S189 (2)(b) FHL profits counted as relevant UK earnings for pension purposes (1995-96 to 2006-07).

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