EEA furnished holiday letting income.

[WINDSURFER]

Hello I am hoping for some advice on income from furnished holiday lettings on my tax return. I have jointly owned a furnished holiday letting in Portugal with my wife since last year. We assumed this would have to be included on our self assessment forms but the relevant section seems to say that furnished holiday lettings in the EEA which qualify for the occupancy & usage etc. (ITTOIA/S323-326A, CTA09/S265-268A) do not need to be included. We pay tax on the income in Portugal.
Am I right in thinking that we do not need to declare the income or have I misunderstood this.
Thanks for any advice.

[bd6759]

Which of these defining sections (that is sections that define the meaning of words and phrases) do you think tells you not to include the income in a tax return?

[WINDSURFER]

It is section 3 'Tailor your return' the help section of 'If you received any foreign income, do you need to complete the foreign section'. One paragraph on what to include reads ' income from land and property abroad (but excluding furnished holiday letting income from properties in the European Economic Area (EEA)'
HMRC ITTOIA/S323-326A, CTA09/S265-268A lists the criteria

[bd6759]

That is telling you that you do not report EEA FHL on the foreign pages.

You report FHL on the land and property pages.

[WINDSURFER]

Oh now I understand, that makes sense now. Thanks for the help.