by Nick Robinson | Mar 21, 2013 | Personal Tax
There are many savvy investors that decided to take advantage of cheaper properties during the time when the price of similar properties in the United Kingdom (UK). Increased harmonisation between the UK and the rest of Europe has now resulted in residents of the UK now being able to claim tax relief for furnished holiday properties which are rented out in other European Union?
The following are some of the tax relief scenarios that could be applied to UK property owners:
It may also be possible that some tax relief could be applied retrospectively for a number of previous tax years. However in order to qualify you will need to demonstrate that all of the following was applicable for the relevant year: