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RE: EEA overseas rental - not an FHL as not let for at least 105 days - allowable expenses
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EEA overseas rental - not an FHL as not let for at least 105 days - allowable expenses
My husband and I have a villa in Greece, so in the EEA. In the tax year 2023 - 2024 we rented it out, on short term lets, for a total of 60 days. We are UK residents. (In case important: The gross income was just under £8,000 and we paid Greek income tax of 15% .) Do we have the option of claiming allowable expenses or is that only for FHL, ie properties which are let for at least 105 days? Do we have the alternative option of each claiming the £1000 tax allowance?