322 Introduction
Income Tax (Trading and Other Income) Act 2005 (2005 c 5) | Legislation

Chapter 6
Commercial Letting of Furnished Holiday Accommodation

Introduction

322 Ìý±õ²Ô³Ù°ù´Ç»å³Ü³¦³Ù¾±´Ç²Ô

(1)     This Chapter explains for the purposes of this Part what is meant by the commercial letting of furnished holiday accommodation (see sections 323 to 326).

(2)     It matters whether a UK property business consists of or includes the commercial letting of furnished holiday accommodation for the purposes of—

[(za)     section 272B(4) (exception from restriction on deductibility of finance costs),]

[(zaa)     section 307B (cash basis: capital expenditure),]

[(zb)     section 311A (replacement domestic items relief: see subsection (7)),]

(a)     section 312 (deduction for expenditure on energy-saving

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