Holiday homes - tax break change

The saga of those with holiday homes and their tax situation takes another turn.

This time to their detriment.

The Labour government swept away the tax benefits enjoyed by second home owners in April only for them to be reinstated by the Coalition.

The new government have now had a rethink and propose a compromise. Well there's a novelty.

Some tax advantages will be retained but there will be a higher hurdle rate for those qualifying for the business tax perks. To find out more.

Landlord tax - expert advice