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Day: April 30, 2025

accountant for holiday lets and airbnb

The End of the FHL Regime: What It Means for Property Owners

April 30, 2025

The UK government has abolished the Furnished Holiday Lettings (FHL) tax regime, effective from April 2025. This change marks a significant shift in how holiday let properties are taxed, aligning them with other property businesses. Property owners need to be aware of these changes and how it will affect them.

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accountant for landlords and estate agents

MTD for Income Tax: Less Than a Year to Go

April 30, 2025

If you’re a sole trader or landlord with annual income over £50,000, a major change is coming your way. From 6 April 2026, you may be required to keep digital business records and submit quarterly updates to HM Revenue and Customs (HMRC) under Making Tax Digital (MTD) for Income Tax.

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