Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether he plans to take steps to financially support short term holiday let operators when the Furnished Holiday Let tax scheme is ended.

The Government has announced that it will abolish the Furnished Holiday Lettings (FHL) tax regime, equalising the tax treatment of landlords with short-term holiday lets and those with standard residential properties. This will take effect from April 2025, giving FHL landlords time to adjust to the change.

Following abolition, individual FHL landlords will have access to the same tax reliefs as other residential landlords. These include restricted finance cost relief and replacement of domestic items relief.

The Government keeps all tax policy under review and any decisions on future changes will be taken by the Chancellor in the context of the wider public finances.