Welcome to Holiday Home Solutions
Tax Efficient Holiday Property Investments
Holiday Home Solutions provide the opportunity to invest in prime seaside property in the South West of England with significant tax advantages.
Your investment can be planned to mitigate against other capital gains or PAYE tax, provide an inheritance tax shelter, pay income or maximise capital growth. A holiday home share can be particularly suitable as a child's investment providing a growing deposit for their first home
Clients can own an entire property themselves or enter a syndicate to own a share of a larger property.
Changes to Holiday Home Tax Rules
In the April 09 Budget the Chancellor announced his intention to alter the tax status of Furnished Holiday lets. Draft legislation was released in Dec 09 outlining the changes which mean that treatment will be the same as normal buy to let properties. There is no guidance on where the line will be drawn according to services provided or number of units on a site so we await further clarification. Please call to discuss your individual situation. |