Furnished holiday lettings tax regime abolition
This measure explains the abolishment of the furnished holiday lettings (FHL) tax regime from April 2025.
Documents
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
Updates to this page
Published 29 July 2024Last updated 7 November 2024 + show all updates
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Clarification on the common issues surrounding abolition of the furnished holiday lettings tax regime has been added.
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Exchequer impacts have been updated in line with Autumn Budget 2024.
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First published.