Policy paper

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

Documents

Abolition of the furnished holiday lettings tax regime

HTML

Draft legislation

PDF, 447 KB, 13 pages

This file may not be suitable for users of assistive technology.

Request an accessible format.

If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email different.format@hmrc.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

Draft legislation — accessible version

HTML

Explanatory note

ODT, 20.6 KB

This file is in an OpenDocument format

This file may not be suitable for users of assistive technology.

Request an accessible format.

If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email different.format@hmrc.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

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, please contact Robert Nott on email: robert.nott@hmrc.gov.uk by 15 September 2024.

Published 29 July 2024