Registered Holiday Apartments
03/07/1990
Query
Do Revenue agree that income from the operation of registered holiday apartments would be assessable Case I and that such premises would not be regarded as in use as a dwelling-house.
Decision
No. It is a question of fact in each case as to whether the operation of the holiday apartments amount to the conduct of a trade. Is is the Revenue view that such a premises would constitute a dwelling-house and that it would not be a qualifying premises.
Income Tax
Section 42, Finance Act, 1986
Origin: RLS Division
File ref:IT903103