Holiday Accommodation: Taxation
Commons · Question 6742 · Tabled 4 Oct 2024 · Treasury · Official record
Answered 14 Oct 2024
Question
Asked by Nick Timothy
To ask the Chancellor of the Exchequer, whether she plans to implement the proposed changes in the tax treatment of furnished holiday lettings in the next financial year.
Answer
Answered by James Murray, 14 Oct 2024
The 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.