The Inland Revenue detail the rules and qualifying conditions which determine whether a property is considered as Furnished Holiday Accommodation. Full details can be obtained from the Inland Revenue website. Providing these conditions are met, holiday letting in the UK is considered as a business and therefore attracts some benefits. As a business, the owner must also adhere to other legislation covering a variety of subjects such as Electricity at Work Act, Health and Safety etc. Holiday property investment should always be considered long term, but with sound income it represents a sound investment.

Inland Revenue - qualifying tests - usually the tax year with the exception of first and final years.

Inland Revenue - treatment of income

Benefits of owning furnished holiday accommodation in the UK

Legislative and advisory requirements - advice and services provided by letting agents