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  • RE: Business Asset Disposal Relief FHL

    Hi, We've run a Furnished Holiday Let since 2018, using a commercial lettings agent, and qualified as an FHL . Now in the process of considering a sale, as received a cash offer for £360,000. 1)Can we claim Business asset disposal relief? 2) House was a new-build (costing ~£150 K), on land we already owned. For the purpose of CGT, how we put a 'value' as a cost of building for this land? Our fear is paying CGT on £210,000! (and only finding this out after the sale has gone through).