№ files_lp_4_process_3_065279
Informational guidance outlining UK tax implications, including ATED and Benefit in Kind rules, that may arise when company-owned holiday let properties are used for personal stays by directors or employees.
Country: United Kingdom
Topic: Taxation of holiday let properties
Document type: Informational tax guidance
Taxes discussed: Annual Tax on Enveloped Dwellings (ATED); Benefit in Kind (BIK)
Relevant legislation: Section 106 ITEPA 2003
Tax authority referenced: HM Revenue and Customs
Property value threshold mentioned: £500,000
Example scenario location: France
Example property type: Flat used as a holiday home
Example users: Company directors
Tax year referenced: 2022/23
Currency: British pound sterling (GBP)
Price: 8 / 10 USD
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