Second Property Tax Relief Rules

‘The Sunday Times says holiday homeowners have been urged to take advantage of certain tax reliefs designed for business owners, despite a recent ruling suggesting the properties should be classed as an investment.

HMRC successfully argued in a court hearing this year that holiday lets should be grouped with other buy-to-let and rental properties as an investment for IHT purposes and tax should be charged on the owner’s death.

IHT relief can be gained but it has to be shown that it is a business with a view to making a profit with evidence that more extensive customer services are being provided such as car hire, laundry and possibly entertainment.’

Source: The Sunday Times



Sam Inkersole

In 2022, Sam won the Taxation’s Rising Star award at the Taxation Awards in and was named in the Accountancy Age 35 Under 35.

Jon Wedge

While Jon’s client work focuses on the financial services sector, he also oversees the firm’s assurance service, as well as supporting the trainees following in his footsteps.


Elana joined us in 2017 as an ACA trainee, after graduating from Durham University where she had studied languages. She is now a manager in our assurance team.


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