Which Cottage News

Archive for August, 2010

Mull is the second largest island of the Inner Hebrides and is located off the West Coast of Scotland. It is about 100 miles north-west of Glasgow and is accessible via ferry from Oban (the main ferry port for the isle) or from Lochaline and Kilchoan. Tobermory The island has a population of about 2,700 and the main town is Tobermory which was built as a fishing port in the 18th century. It is a picture postcard town with colourful painted buildings along the main street. Families will probably recognize it as Balamory from the popluar TV series. There is a good variety of shops, hotels and local businesses including Tobermory Distillery. History This island is steeped in history with Duart Castle, the 13th century home of the clan Maclean and Torosay Castle and gardens too. Both castles are open to the public and well worth a visit. Fionnphort is situated on the Ross of Mull, an ideal location and the perfect base for your holiday. The waters are crystal clear and the sandy beaches unspoilt. Families will enjoy this area as a base for a self-catering holiday on Mull Wildlife Both the golden and sea eagle can be found on the island and are often seen souring about the hills. In fact predatory birds are in abundance with hen harrier, peregrines and merlins on Mull. Seals are commonplace along the sheltered rocky coves of Mull. Otters are resident on every available stretch of coastline and if you are patient enough to sit still you…

HM Treasury has just announced a consultation over the tax treatment of Furnished holiday lettings.  Following the consultation the final changes will be announced at the next budget and operate from April 2011.  The main proposals are: Increasing the minimum period a property is available for letting from 140 to 210 days Increasing the minimum period over which a property is actually let to the public from 70 to 105 days Where a business qualifies as a furnished holiday lettings business under the new rules, the existing rules for Capital Gains Tax reliefs will still apply.  These include business asset roll-over relief, Entrepreneurs’ relief and relief for gift of business assets. Changing the loss relief rules so they are only available to set against future profits from that UK furnished holiday lettings business. Only allowing losses from a European qualifying furnished holiday lettings business for setting against future profits from that European qualifying furnished holiday lettings business. A European holiday letting business will cover all the countries in the European Economic Area.  The changes proposed would require the UK business to be taxed separately from the European properties. The significant change proposed is only allowing the losses of the furnished holiday letting business to be set off against future profits of the same business.  The existing rules allow losses to be set against other taxable income and can create tax repayments.  In the tax year 2008/09 there were 20,000 taxpayers who set furnished holiday letting losses against their other income. New rules for claiming tax…

Discover the Kingdom of Fife Fife, or the Kingdom of Fife as it is officially known, is full of history of all sorts from the Home of Golf  – St Andrews, to picturesque fishing villages on the coast and various beautiful and historic palaces, homes and cathedrals. Holiday by the Sea Anyone looking for a self-catering holiday by the sea should consider Fife. As it has sea on three sides, there is a huge amount of coastline with wonderful long white beaches. There is a wide choice of holiday accommodation in Fife – cottage holidays by the sea are very popular with families. The East Neuk of Fife, with its attractive fishing villages and great beaches, is well worth a visit. Heart of Scotland As Fife really is in the centre of Scotland, it is a wonderful base to explore various other locations such as the beautiful capital Edinburgh which is less than an hour’s train journey away. Equally Glasgow, Scotland’s largest city, is also only a hour away with all its amazing attractions. Scotland’s History Apart from the history of Edinburgh with its castle and Holyrood Palace and numerous galleries and museums, Stirling is also a short journey away with yet another fascinating castle to visit. Glasgow has a lot to offer from a cultural point of view with museums such as the Burrell Collection, Kelvingrove Art and any fans of architecture will love the buildings throughout Glasgow by the renowned architect Charles Rennie Mackintosh. Golf Any keen golfer with be aware that St…