UK Property 17 - Income from EEA furnished holiday lettings

Enter the total income from all furnished holiday lettings in the European Economic Area - that is the rents for the year to 5 April 2021 and any income from services you provided.

Coronavirus support scheme payments are taxable and include payments from the Coronavirus Job Retention Scheme (CJRS), any other applicable HMRC coronavirus support scheme and payments you were entitled to receive from local authorities or devolved administrators.

If you received coronavirus support scheme payments, include the amount you received in this box (subject to further guidance below).

If you have received an assessment issued by an officer of HMRC in respect of a coronavirus support payment incorrectly claimed only include in this box the amount you retained.

Do not include in this box the amount of any sum that has been assessed which results in the repayment of coronavirus support scheme payments that you were not entitled to.

Do not include CJRS payments received as an employee whilst furloughed.

If you received a CJRS or any other applicable HMRC coronavirus support scheme payment that you were not entitled to and you have not voluntarily paid it back to HMRC or you have not received an assessment issued by an officer of HMRC in respect of the incorrectly claimed payment, answer the question 'Did you incorrectly claim an amount of a coronavirus support payment?' on page 2 of 'Tailor your return',

Generally, you can claim any costs incurred in earning your furnished holiday letting business profits. If your total property income in the year, including foreign property income, before expenses is less than £85,000, you do not have to list expenses separately. Just add up your FHL expenses and put the total in the 'Other allowable property expenses' box.

Although you cannot claim any capital costs, such as expenses relating to the purchase of, or improvements, additions and alterations to land, property, equipment, furnishings or furniture, you may be able to claim capital allowances.

For further information go to Furnished holiday lettings (Self Assessment helpsheet HS253).