👋 Welcome to this weeks newsletter. It is great to serve you again and to provide you with a range of news, tips and information to help you on your holiday let journey.

What’s your current biggest challenge? Hit reply and let me know and I’ll see if I can include something within a future edition.

See you next Saturday at 5pm?

Phil

Founder, My Holiday Guide

IN THE NEWS

Abolition of FHL Tax Regime

The petition spearheaded by PASC and ASSC has now reached over 10,300 signatories. This is a great milestone and helps trade organisations have a louder voice when speaking to the government and members of parliament at the current party annual conferences and other planned meetings.

Check out this weeks ‘featured resource’ section where Zeal Tax have created a free 43 page ebook that delves into the changes and provides a number of recommended actions for FHL owners.

Over the last week PASC has met with Dame Caroline Dinenage MP who is the Chair of the Culture Media and Sport Committee, responsible for the tourism industry, as-well as meeting other MPs at their party conferences.

Other News

• Local councillor in North Berwick supports planning for additional FHLs highlighting that “the loss of short term accommodation is likely to have a significant negative impact on the local tourist economy in monetary and reputational terms”

• With the increase in cities across Europe and the UK implementing tourist fees, here’s an article assessing if these charges are proving to be effective

• 'Unlawful' Airbnb holiday chalets built without planning permission can no longer be used

What’s on

• Property Investment Show incorporating STR Zone - 4/5th October. I’ll be there on the 4th. It would be great to meet anyone that’s also going?

• Scale UK - 6/7th November

• Your Air Success 8th November

LISTING PERFORMANCE & GROWTH
Tips and strategies to enhance the visibility and attractiveness of your holiday let.

A (Software) Tool For Every Job

If you’ve ever wondered what software tools are available for every aspect of your holiday let, Operto has created a pretty comprehensive list highlighting different software providers by categories such as Channel Managers, Comms & Guest Experience software and Market Data platforms.

If you are worried that you are not embracing AI (Artificial Intelligence), the chances are that if you are using any of these tools then you are already using AI! We have previously written a great article about how you can use AI as part of running your holiday let business.

Our own resources directory provides a list of 500 services and products such as cleaners, accountants and linen hire; as-well as listing owner recommended products for items such as towels, linen, welcome hampers and even branded signage.

You can view the directory here :

FEATURED RESOURCE - BROUGHT TO YOU BY ZEAL TAX
Highlighting useful tools and resources for your holiday let.

Zeal are Chartered Tax Advisors and Capital Allowances Surveyors that specialise in helping holiday let owners uncover the unclaimed tax savings in their properties. Zeal can guide you through the process of identifying and claiming what you’re entitled to, before it’s too late. With unrivalled industry knowledge and expertise in holiday let taxes and capital allowances, Zeal are the go-to tax experts in the holiday let sector, and are the trusted partner of key industry leaders including PASC UK and Sykes Holiday Cottages. Zeal have written an extensive 43-page free eBook covering everything holiday let owners need to know about the forthcoming changes, ways you can mitigate the impact on your business, and actions you should be considering now. The eBook covers topics such as :

• What is changing (and what isn’t)

• Restrictions on Finance Cost Relief

• Capital Allowances and Transitional Rules

• Withdrawal of Capital Gains Tax (CGT) Reliefs

• Limited Company Considerations

• Mitigation Strategies

You can download the eBook by following the link below:

INTERIOR DESIGN
Interior design inspiration and decor tips.

PROPERTIES OF THE NEWSLETTER
We all love looking at and getting inspiration from other properties so here’s our top pick for this edition.

NO FOMO
Missed last weeks newsletter? Here’s one thing you might like.

What’s The Best Type Of Location For A Holiday Let

In last weeks newsletter we delved into a survey that highlights the best type of location to start a furnished holiday let property business.

You can read the full article below:

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