questionText: 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.
answerText: 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.The Government wants to support the visitor economy alongside housing for longer-...
heading: Holiday Accommodation: Taxation