Furnished Holiday Lets (FHL)

The UK is ending the special tax regime for Furnished Holiday Lettings (FHL) from April 2025. This will remove perks like loan interest relief, capital allowances, and reduced capital gains tax, meaning holiday lets will be taxed like any other property business. If you own a holiday let, it's important to plan for these changes.

For advice on how this could impact you, feel free to contact us! You can also read more on the HMRC website.