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Tax loophole closed for second homeowners

News Team, 21/01/2022

Second homeowners who declare their properties as holiday lets but then leave them empty for the vast majority of the year will need to pay more tax under new Government proposals.

Rosy Hughes, head of private client tax at leading regional accountancy firm Burgis & Bullock, said the closure of this tax loophole would not impact legitimate holiday let businesses but urged second homeowners to review their properties to s...


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