Holiday Accommodation: Taxation

(asked on 11th September 2024) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of the abolition of the furnished holiday lettings tax regime on the economy in (a) West Dorset constituency and (b) other coastal economies.


Answered by
James Murray Portrait
James Murray
Exchequer Secretary (HM Treasury)
This question was answered on 7th October 2024

Short-term lets will continue to play an important role in the UK’s tourism economy, including in coastal areas, without the FHL tax regime. Removing the regime. It equalises the tax treatment of landlords’ income and gains.

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