Are short-term holiday lets "commercial" or "residential" (or "depends")?

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    #16
    Originally posted by ash72 View Post
    For a property to qualify as a FHL, it must satisfy certain criteria eg:
    • be available for renting for 30 weeks a year
    • be let commercially as a holiday property for at least 15 weeks; and
    • if occupied for more than 31 days by the same person/people there must not be more than 155 days in total of such longer lettings.
    That is not correct.

    That is the requirement to qualify for favourable tax treatment of the income and expenditure.

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