Lay My Hat home page Lay My Hat Forum
The forum for holiday rental owners


 
  FAQFAQ    SearchSearch    MemberlistMemberlist   UsergroupsUsergroups    RegisterRegister  
  ProfileProfile    Log in to check your private messagesLog in to check your private messages    Log inLog in 

Recurrent bookings and FHL qualification

 
Post new topic   Reply to topic    Lay My Hat Forum Index -> Bookings
View previous topic :: View next topic  
Author Message
deebeegee



Joined: 23 Jan 2017
Posts: 1

PostPosted: Tue Jan 24, 2017 10:05 am    Post subject: Recurrent bookings and FHL qualification Reply with quote

I've been letting my flat in London out to guests as a Furnished Holiday Let for 18 months. The chap who is in now is going to be working in London 5 days a week for the next couple of years and has requested to book out my flat Sunday-Friday for about 46 weeks of each year. I probably wouldn't try and fill the weekends but would advertise the weeks when it would be empty through the usual channels. He specifically doesn't want a tenancy as he wants the flexibility to cancel if his contract ends and also to only pay for the times he needs it rather than throughout the year.

From a strict interpretation of the FHL rules I think I would satisfy the pattern of occupation, availability and letting criteria but it feels like this scenario may run contrary to the spirit of the law. Has anyone done anything similar or know how HMRC might look upon such an arrangement?
Back to top
View user's profile Send private message
Giraffe



Joined: 26 Jun 2016
Posts: 322
Location: Cornwall, England

PostPosted: Tue Jan 24, 2017 11:32 am    Post subject: Reply with quote

When I first started holiday letting 15 years ago, In the first year I did holiday lets for 6 months of the year, and a 6 month contract let for the low season when it's not so easy to holiday let a large house in Cornwall. HMRC let me split the year and claim half the running costs towards the FHL. Whether they would do this now I do not know.

But if you are only letting each week for only 5 nights to the same person this may fall within the FHL rules. If your visitor was using B&B his arrangement would fall within their rules. If you are concerned, why not check with HMRC?
_________________
The best things in life are free
Back to top
View user's profile Send private message
Display posts from previous:   
Post new topic   Reply to topic    Lay My Hat Forum Index -> Bookings All times are GMT
Page 1 of 1

 
Jump to:  
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum


Powered by phpBB © 2001, 2005 phpBB Group