Fluence’s Post

After months of uncertainty, draft legislation to move forward with the abolition of the special tax rules for furnished holiday lets (FHLs) was released this week. My colleague Heather Britton explains what this means for FHL owners and what they should be considering. #FurnishedHolidayLets #FHL #propertytaxes #tourism

WHAT COULD BE MORE ROMANTIC THAN THINKING ABOUT TAX ON VALENTINE’S DAY? Did you know that your relationship choices could affect your tax situation? Before committing, understand the implications. Alison Wood explains what you need to know before exchanging "I dos." #PitcherPartners #MakingBusinessPersonal #Tax

"Demystifying Hawaii's Real Estate Taxes! " Explore Hawaii's real estate tax landscape, focusing on the Transit Accommodation Tax (TAT) and General Excise Tax (GE T). From hotel rooms to short-term vacation rentals, understanding these taxes is key for property owners. Discover the impact of recent regulatory changes, driven by county councils like Karen Eoff, addressing concerns about affordable housing. Join us to navigate the evolving dynamics of real estate taxes in Hawaii! #HawaiiRealEstate #TaxInsights #RegulationChanges #AffordableHousing

Sun-Soaked Surcharges: A Guide to Taxes and Fees in the Sunshine State Exploring the tax landscape in hospitality and leisure reveals complex responsibilities for businesses and travelers alike. Compliance with state sales tax and Tourist Development Tax is vital for Airbnb hosts and vacationers in Florida. This article navigates these obligations and offers insights for planning a Florida vacation, ensuring a well-budgeted and enjoyable trip. Allyn’s tax team is staffed with seasoned tax professionals experienced in all aspects of Federal, multi-state, and local tax compliance and consulting for large US and global corporations. Allyn tax professionals utilize their expertise in sales tax regulations to ensure full compliance, minimize tax liability, and expertly handle sales tax returns in every US state. To read more, please click the following link for the rest of the article: https://lnkd.in/etVKxU7T #AllyInAllyn #TaxIsFun #Salestax #propertytax #florida

How renting out a vacation property will affect your taxes: Are you dreaming of buying a vacation beach home, lakefront cottage or ski chalet? Or perhaps you're fortunate enough to already own a vacation home. In either case, you may wonder about the tax implications of renting it out for part of the year. Count the days The tax treatment depends on how many days […] The post How renting out a vacation property will affect your taxes first appeared on Sam Brown. https://bit.ly/3TAr8q7

There are proposed changes to the tax rules relating to Furnished Holiday Let (FHL) accommodation. If you own a FHL read more on these changes here: #taxadvice #FHL

Definitely worth a read if you have any or thinking of getting into serviced accommodation. Have any questions get in contact with Robson Laidler Accountants

You are welcome to click through to our weekly update with the focus on “Silver Linings Tax Season is Over, It’s Tax Planning Season" Pease feel free to share your plans, thoughts & photos with us…….. https://lnkd.in/d7ZkME9m #2023TaxReturnsonExtension #90DayActionPlan #SilverLinings #strategictaxplanning #taxplanning #TaxPlanningSeason #WeeklyTakeAway

The Tax Advantaged Investor: A Guide to Legal Tax Reduction! https://lnkd.in/dr-kBASR #financeandaccounting #taxes #taxpreparation #udemy #eductaion #freeonlinecourses

The Furnished Holiday Lettings change: One tax expert is advising anyone involved in the furnished holiday lettings sector to ‘act now’ ahead of upcoming tax changes. ⬇️ #holidaylets #airbnbhost #holidayhomes