My daughter and her husband own their principal private residence in Oxford, and have no other property. From 1st April 2017 to 31st Dec 2017, they will be renting this furnished house to work colleagues, while they live and work in Sweden. This is at the instigation of her husband's firm which is a Swedish company and he will provide maternity cover in Sweden. My daughter has managed to find short term work in Sweden for this period.
They have notified HMRC of their intention using the non-resident landlords scheme on-line form. The letting contract from the lawyers arrived yesterday and this is a contract for a furnished holiday let, rather than a short term tenancy agreement. I would be grateful for advice on the tax implications of this with particular regard to CGT when they eventually sell their house.
I do hope someone can help.
Thank you.
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