Holiday Accommodation: Taxation

(asked on 12th April 2024) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment his Department has made of the potential impact of the abolition of the furnished holiday lettings tax regime on farms.


Answered by
Nigel Huddleston Portrait
Nigel Huddleston
Financial Secretary (HM Treasury)
This question was answered on 22nd April 2024

The Government recognises the important role that Furnished Holiday Lets (FHL), including those located on farms, have in the visitor economy. This measure does not penalise or prohibit the provision of FHLs and simply brings their tax treatment in line with other rentals.

As with all aspects of the tax system, the Government keeps the taxation of property landlords under review and any decision on future changes will be taken by the Chancellor in the context of the wider public finances.

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