Removal of FHL – One man’s poison is another man’s meat. How will it affect you?
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The changes in Serviced Accommodation will impact different people in different ways. To some, it will provide an advantage, for others it will be time for change.
The changes are threefold:
1) Removal of FHL means the income for those who own in personal name will be treated identically to buy-to-let income for tax purposes.
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