uses the property without paying, you won’t be able to claim tax relief on the expenses incurred on this private use. The easiest way to calculate this is to work out the percentage of commercial use and claim for that percentage of the total expenses. ...
So, the first step towards turning your residential apartment into a holiday flat is to register as a business with HMRC. You’ll also have to change how you pay council tax on the property as you’ll need to pay business rates.What are the Benefits of a Holiday Let?