Part 4Property income
Chapter 6Commercial letting of furnished holiday accommodation
Introduction
264Overview of Chapter
1
This Chapter explains for the purposes of this Part what is meant by the commercial letting of furnished holiday accommodation (see sections 265 to 268).
2
It matters whether a UK property business consists of or includes the commercial letting of furnished holiday accommodation for the purposes of—
a
Chapter 2 of Part 10 of ICTA (loss relief: see section 503 of that Act),
b
certain provisions of TCGA 1992 (see section 241 of that Act), and
c
CAA 2001 (see, for example, sections 248 and 249 of that Act).
3
This Chapter also supplements the above provisions by providing in certain circumstances for the profits of the furnished holiday lettings part of a UK property business to be calculated separately (see section 269).