Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of abolishing the Furnished Holiday Lettings regime on rural areas depending on tourism; and what steps she is taking to support people who let short-term furnished holiday properties.

The Government will abolish the Furnished Holiday Lets tax regime from April 2025. Short-term lets will continue to play an important role in the UK’s tourism economy, including in rural communities, without the FHL tax regime.

The changes the Government has announced equalise the tax treatment of landlords’ property income and gains.