UK Holiday Let Company vs Personal

[Oliver Wright]

Hello,

I'm looking into buying a holiday let. I was initially planning on buying a conventional buy-to-let home and set up a ltd company (SPV) to buy the property to make this more tax efficient (I am a higher rate tax payer). Would there be any issues with buying a property via the SPV for holiday letting purposes, instead of conventional buy-to-let - is this still allowed? Would I have to change the SIC codes in my company annual return? Woudl VAT be deductable in this instance?

Thanks,