Holiday Accommodation: Taxation
(asked on 8th October 2024) - View Source
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, on what evidential basis HMRC concluded that abolition of the Furnished Holiday Lettings tax regime will not have significant macroeconomic impacts; and if she will publish that evidence.
This question was answered on 16th October 2024
The abolition of the Furnished Holiday Lettings tax rules will not have any macroeconomic impact due to the small proportion of the landlord population affected.
The abolition of the Furnished Holiday Lettings tax rules will not have any macroeconomic impact due to the small proportion of the landlord population affected.
There may be a limited behavioural change over the long term.
Impacts are assessed as part of the Budget process.