{"id":2634,"date":"2022-05-12T04:00:00","date_gmt":"2022-05-12T04:00:00","guid":{"rendered":"im-23640"},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T00:00:00","slug":"holiday-lets-occupancy-check","status":"publish","type":"post","link":"https:\/\/ep-accountants.co.uk\/holiday-lets-occupancy-check\/","title":{"rendered":"Holiday lets occupancy check"},"content":{"rendered":"<p>The furnished holiday let (FHL) rules allow holiday lettings of properties that meet certain conditions to be treated as a trade for tax purposes.&nbsp;<\/p>\n<p>In order to qualify as a furnished holiday letting, the following criteria need to be met:<\/p>\n<ul>\n<li>The property must be let on a commercial basis with a view to the realisation of profits. Second homes or properties that are only let occasionally or to family and friends do not qualify.<\/li>\n<li>The property must be located in the UK, or in a country within the EEA.<\/li>\n<li>The property must be furnished. This means that there must be sufficient furniture provided for normal occupation and your visitors must be entitled to use the furniture.<\/li>\n<\/ul>\n<p>In addition, the property must pass the following three&nbsp;occupancy conditions.<\/p>\n<ol>\n<li>Pattern of occupation condition. The property must not be used for more than 155 days for longer term occupation (i.e., a continuous period of more than 31 days).<\/li>\n<li>The availability condition. The property must be available for commercial letting at commercial rates for at least 210 days per year.<\/li>\n<li>The letting condition. The property must be let for at least 105 days per year and homeowners should be able to demonstrate the income from these lettings.&nbsp;<\/li>\n<\/ol>\n<p>Where there are a number of furnished holiday lettings properties in a business, it is possible to average the days of lettings for the purposes of qualifying for the 105 days threshold. This is called an averaging election.<\/p>\n<p>There is also a special period of grace election which allows homeowners to treat a year as a qualifying year for the purposes of the furnished holiday let rules where they genuinely intended to meet the occupancy threshold but were unable to do so subject to a number of qualifying conditions.<\/p>\n<div style='font-size:smaller' class='im_source'>Source: HM Revenue &#038; Customs   Tue, 10 May 2022 00:00:00 +0100<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The furnished holiday let (FHL) rules allow holiday lettings of properties that meet certain conditions to be treated as a trade for tax purposes. <\/p>\n<p>In order to qualify as a furnished holiday letting, the following criteria need to be met:<\/p>\n<p>\tThe<\/p>\n","protected":false},"author":1,"featured_media":2635,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","footnotes":""},"categories":[28],"tags":[],"_links":{"self":[{"href":"https:\/\/ep-accountants.co.uk\/wp-json\/wp\/v2\/posts\/2634"}],"collection":[{"href":"https:\/\/ep-accountants.co.uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ep-accountants.co.uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ep-accountants.co.uk\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ep-accountants.co.uk\/wp-json\/wp\/v2\/comments?post=2634"}],"version-history":[{"count":0,"href":"https:\/\/ep-accountants.co.uk\/wp-json\/wp\/v2\/posts\/2634\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ep-accountants.co.uk\/wp-json\/wp\/v2\/media\/2635"}],"wp:attachment":[{"href":"https:\/\/ep-accountants.co.uk\/wp-json\/wp\/v2\/media?parent=2634"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ep-accountants.co.uk\/wp-json\/wp\/v2\/categories?post=2634"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ep-accountants.co.uk\/wp-json\/wp\/v2\/tags?post=2634"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}