Written Question·Treasury·UIN 32799
Holiday Accommodation: Taxation
Tabled: 21 February 2025
Answered: 27 February 2025
Question
Edward Morello
Liberal Democrat — West Dorset
To ask the Chancellor of the Exchequer, what recent discussions her Department has had with farming representatives on the potential impact of the Furnished Holiday Lettings tax scheme on farmers who have diversified into holiday accommodations.
Answer
James MurrayThe Government will abolish the Furnished Holiday Lettings (FHLs) tax regime from April 2025. This will equalise the tax treatment of FHL and non-FHL landlords’ income and gains. Draft legislation to abolish the FHL tax regime was published on 29 July 202...
ⓘ
This is an extract from the Parliament API. Search the full answer on Parliament.uk (UIN 32799) →