Richlist Posted March 23, 2021 Report Share Posted March 23, 2021 Just a reminder. Today is tax day when tax changes are likely to be announced. CGT might be updated. Fingers crossed !! Quote Link to comment Share on other sites More sharing options...
Melboy Posted March 23, 2021 Report Share Posted March 23, 2021 I also thought that as well but so far no news from the Chancellor. Quote Link to comment Share on other sites More sharing options...
Richlist Posted March 23, 2021 Author Report Share Posted March 23, 2021 Seems there is much less than expected......a crackdown on holiday let's and nothing on CGT. Quote Link to comment Share on other sites More sharing options...
Melboy Posted March 24, 2021 Report Share Posted March 24, 2021 News of the impending tax changes were a bit thin on the ground yesterday but I did manage to find this article which Richlist mentions above. https://www.dailymail.co.uk/news/article-9395457/Owners-second-property-claim-benefits-classing-holiday-home-face-clampdown.html No doubt this tax advantage for holiday lets will be rapidly closed as Councils seek more and more ways to raise funding taxes. Quote Link to comment Share on other sites More sharing options...
kerbut Posted March 24, 2021 Report Share Posted March 24, 2021 I fully agree with this , we have 3 holiday lets , all bookings come through Booking.com , Air B&B , TripAdvisor or our website , I have a paper trail for every booking which are more than 140 days per property. Quote Link to comment Share on other sites More sharing options...
Nev M Posted March 26, 2021 Report Share Posted March 26, 2021 I can't find a government site were they made this single change public. I wonder if there was more but not announced? You did well to find that one news article. Quote Link to comment Share on other sites More sharing options...
Richlist Posted March 27, 2021 Author Report Share Posted March 27, 2021 Here are all the details: https://www.gov.uk/government/publications/tax-policies-and-consultations-spring-2021 Quote Link to comment Share on other sites More sharing options...
Nev M Posted March 27, 2021 Report Share Posted March 27, 2021 Thanks RL Quote Link to comment Share on other sites More sharing options...
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