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United Kingdom · Question · Written question

UIN 5157

Holiday Accommodation: Taxation

answeredUnited Kingdom· UK Parliament· EN

Introduced

10 September 2024

Last action

17 September 2024 · Answer

Status

Answered

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Subjects

Taxation

Source updated

17 September 2024

Taxation

Summary

To ask the Chancellor of the Exchequer, what assessment her Department has made of the potential impact of terminating the furnished holiday lettings tax regime on local (a) economies and (b) employment in tourist destinations.

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Timeline

  1. 10 September 2024

    Written question

    To ask the Chancellor of the Exchequer, what assessment her Department has made of the potential impact of terminating the furnished holiday lettings tax regime on local (a) economies and (b) employment in tourist destinations.

    Source: Commons

  2. 17 September 2024

    Answer

    The Government will abolish the Furnished Holiday Lets (FHLs) tax regime from April 2025, which will equalise the tax treatment of landlords’ property income and gains. The government wants to support visitor accommodation alongside housing for long term-...

    Source: Written answer

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