Written Question·Treasury·UIN 17431
Holiday Accommodation: Taxation
Tabled: 2 December 2024
Answered: 10 December 2024
Question
Dr Al Pinkerton
Liberal Democrat — Surrey Heath
To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of abolishing the furnished holiday let tax regime on local (a) economies and (b) jobs.
Answer
James MurrayThe Government will abolish the Furnished Holiday Lets (FHLs) tax regime from April 2025. This will equalise the tax treatment of FHL and non-FHL landlords’ income and gains.The Government wants to support the visitor economy alongside housing for longer-...
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