Business Accounts and Tax
Limited Company Compliance
Inheritance Tax Planning
Company Number 5013979
Registered in England & Wales
Director: N S Fothergill (FCCA)
Second Homes & Holiday Letting
There are many second homes and holiday businesses in the South Hams and Contacc Limited specializes in providing accountancy and taxation advice to second home owners and those wishing to let out their properties for all, or part, of the time.
The rules for calculating the taxable income for Furnished Holiday Lettings are slightly different to other types of property income, and there are many tax advantages associated with this particular form of property letting.
In response to demand from holiday letting agencies and clients, we have prepared a FAQ sheet on the Taxation of Furnished Holiday Lettings, aimed at people wishing to let out their properties for the first time. Click here to view the fact sheet
Contacc Limited’s director, Nikki Fothergill, ran a holiday letting business at Higher Coombe Farm for 12 years, and so has a particular interest and expertise in this area.
Other Useful Links: www.hmrc.gov.uk www.mybusinessrates.gov.uk