000			01036cab a2200217 4500
001			ABS38356
008			090401t1987 xxu||||| |||| 00| 0 eng d
035			_a(Sirsi) u10077
041			_aeng
100			_aBonehill, R.C.
245			_aLetting furnished holiday accommodation
260			_c1987
350			_a0
490			_aLaw Society`s Gazette _v84(35) 30 September 1987, 2753-2754(2)
520			_aReviews the favourable tax treatment of letting furnished holiday accommodation, where certain conditions are met. Under the Finance Act 1984 sch 11 income from such accommodation is treated as trading and not as investment income, and letting is treated as a trade for the purposes of Capital Gains Tax . In addition all plant and machinery , i.e. fixtures and fittings purchased for use in such accommodation qualifies for an annual capital allowance at the rate of 25% under the Finance Act 1971 s44(1) .
650			_aHOLIDAY LETTINGS
650			_aINCOME TAX
690			_aTAXATION
942			_n0
948			_c04/03/1997
999			_c6333 _d6333