Holiday Accommodation: Scotland
(asked on 21st February 2025) - View Source
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what recent analysis her Department has undertaken on the regional distribution of revenues from the abolition of the Furnished Holiday Lettings tax regime; and what proportion of this revenue is expected to be raised in Scotland.’
This question was answered on 4th March 2025
The Government will abolish the Furnished Holiday Lettings (FHL) tax regime from April 2025.
The abolition of the FHL regime will raise £190m by 2029-30, which will help support public services across the United Kingdom, including in Scotland.