Business & Agricultural Property Relief Succession Model
The 2026 inheritance tax reforms, and four ways to plan for them.
Keep it as a holiday let, switch to a long let, or sell — compared over ten years.
From 6 April 2025, HMRC abolished the Furnished Holiday Lettings tax regime. If you own a UK holiday let, the tax advantages you may have relied on — full mortgage interest relief, capital allowances on furniture and equipment, capital gains reliefs on sale, and counting profits toward your pension allowance — have gone, or changed significantly. This workbook helps you compare three realistic paths in one place, using your own numbers: keep letting it as a holiday let under the new rules, convert it to a standard long-term rental, or sell now.
An .xlsx file you download and keep. Works in Excel 2016 and later, and in Numbers and LibreOffice.
Upload the .xlsx to Google Drive and open it with Google Sheets. Nothing to install.
The 2026 inheritance tax reforms, and four ways to plan for them.