Holiday Accommodation: Taxation
Commons · Question 5479 · Tabled 11 Sep 2024 · Treasury · Official record
Answered 7 Oct 2024
Question
Asked by Edward Morello
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
Answered by James Murray, 7 Oct 2024
Short-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.