27 August - Tax changes to furnished holiday lettings: What you need to know and our response to government
Event summary
The Chancellor’s statement on 29 July 2024 confirmed the new government’s intention to take forward changes to the taxation of furnished holiday lets (FHLs) announced by the previous government in its spring Budget.
The new government has now issued a tax information and impact note (TIIN), draft legislation and an explanatory note on the proposals and asked for comments from ICAS and our members by mid-September.
This ICAS webinar provides an overview of the proposals and the issues you need to be aware of on the abolition of the FHL rules. This includes the Income Tax and Corporation Tax changes taking effect in April 2025, as well as Capital Gains Tax changes for individuals who own properties which have previously qualified as FHLs, or shares in companies which have let out properties as FHLs.
Key themes and topics
- Gain an understanding of the key technical aspects of personal pension contributions.
- Learn about the technical aspects of employer pension contributions.
- Understand how the deductibility of employer contributions works.
- Learn how tax relief on employer pension contributions may be spread over several years in some circumstances.
- Hear about the recent developments in public sector pension schemes.
(Duration 1 hour and 3 minutes. Originally recorded on 27 August 2024)
Who are the speakers?
(Please note that views and opinions expressed by speakers at ICAS webinars are their own and not necessarily reflective of ICAS’ views.)
- Hosted by Jeremy Clarke CA, Assistant Director of Practice, ICAS
- Chris Campbell BA (Hons) CA CTA ATT, Head of Tax (Tax Practice and Owner Managed Business Taxes), ICAS
Who’s this for?
- ICAS members interested in tax
- Non-members interested in tax
- ICAS students
Counts as CPD activity
Depending upon your individual role and training and development needs, watching this webinar can count towards your annual Continuing Professional Development (CPD) requirement.
