Question to the HM Treasury:

To ask the Chancellor of the Exchequer, with reference to Table 5.2 of the Autumn Budget 2024, published on 30 October 2024, for what reason the estimated revenue from the abolition of the Furnished Holiday Lettings tax regime in the 2026-27, 2027-28 and 2028-29 financial years is lower than was set out in her Department’s Tax Information and Impact Note published on 29 July 2024.

The estimated revenue from the abolition of the Furnished Holiday Lettings tax regime has been updated to reflect latest economic forecasts from the Office for Budget Responsibility and latest tax return data.