Furnished holiday lettings tax regime abolition
This measure explains the abolishment of the furnished holiday lettings (FHL) tax regime from April 2025.
- From:
- HM Revenue & Customs
- Published
- 29 July 2024
- Last updated
- 30 October 2024 — See all updates
Documents
Draft legislation
PDF, 447 KB, 13 pages
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Explanatory note
ODT, 20.6 KB
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Details
This measure will abolish the furnished holiday lettings (FHL) tax regime from April 2025, removing the tax advantages that landlords who offer short-term holiday lets have over those who provide standard residential properties.
The government is publishing draft legislation to abolish the FHL tax regime. The documents include:
- a tax information and impact note (TIIN), which sets out what the policy seeks to achieve, and a summary of the expected impacts
- draft legislation
- an explanatory note which provides a more detailed guide to the legislation
To provide comments, contact Robert Nott on email: robert.nott@hmrc.gov.uk by 15 September 2024.
Updates to this page
Last updated 30 October 2024 + show all updates
-
Exchequer impacts have been updated in line with Autumn Budget 2024.
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First published.