Mike B

I have read the guidance at: https://www.gov.uk/government/publications/furnished-holiday-lettings-tax-regime-abolition/clarification-on-abolition-of-the-furnished-holiday-lettings-tax-regime FHLs commencing in 2024/25 will be able to have the day count tests (105 days let and 210 days available) run into the 2025/26 tax year. Does this mean in theory that capital allowances claims could still be made if for example I was to first let an FHL on the 1st of March 2025? A follow up would be, if I bought a property on say 1 August 2024 with an intention to let it out as an FHL but only had the first let on the 30 March 2025, would pre-trading expenditure be allowable?