Written Question·Treasury·UIN 5479
Holiday Accommodation: Taxation
Tabled: 11 September 2024
Answered: 7 October 2024
Question
Edward Morello
Liberal Democrat — West Dorset
To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of the abolition of the furnished holiday lettings tax regime on the economy in (a) West Dorset constituency and (b) other coastal economies.
Answer
James MurrayShort-term lets will continue to play an important role in the UK’s tourism economy, including in coastal areas, without the FHL tax regime. Removing the regime. It equalises the tax treatment of landlords’ income and gains.