questionText: To ask the Chancellor of the Exchequer, pursuant to the Answer of 10 February 2025 to Question 27711 on Holiday Accommodation: Taxation, what quantitative information her Department holds on (a) the number of properties converting between longer-term rentals and short-term holiday lets, (b) comparative tax advantages between short-term holiday lets and longer-term rentals and (c) property investment patterns that demonstrate potential market distortion.
answerText: The Government will abolish the Furnished Holiday Lettings (FHL) tax regime from April 2025. The FHL tax regime has created a distortion that favours short-term holiday lets over longer-term rentals, by providing a tax incentive to invest in and provide t...
heading: Holiday Accommodation: Taxation