Capital Allowances on Furnished Holiday Lets (FHL) and commercial buildings to save UK tax August 9, 2022

Capital Allowances on Furnished Holiday Lets (FHL) and commercial buildings to save UK tax

Capital Allowances is a tax saving strat6egu that many UK property investors and landlords use to reduce their income tax liability on their self-assessment tax return or corporation tax liability on their limited company.

Capital allowances may be claimed on Furnished Holiday Lets (FHL), Serviced Accommodation and commercial buildings.

This means that landlords pay less tax to HMRC on their property investments.

Optimise Accountants work with UK landlords to submit Capital Allowances claims to HMRC on their tax returns to save money being paid to HMRC.

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