Thread: Tax implications of owning a holiday property?
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Old 20.10.2009, 19:57
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Re: Tax implications of owning a holiday property?
Quote:
firam
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Could someone please explain?
In the following situation:
I have a holiday home in switzerland. I do not work there or live there. I live in UK. What taxes do I need to pay there?

Do I need to pay taxes if I dont rent it out?

Can I deduct my mortgage from tax?

This is urgent.
Thank you!


You have to pay tax on your home on what you could get if you rented it out.
Also you must pay tourist tax - it is not that high
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