Accommodation Knowhow
The Pink Booklet Online

Tax Status of Accommodation Businesses

Key facts

  • In terms of taxation, there is a fundamental difference between the way HM Revenues and Customs (HMRC) treats holiday accommodation and standard rental properties.
  • Having your property treated as a trade business, rather than a rental property, carries a number of advantages.

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  • Rental and trade businesses
    • Qualifying as a trade business
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