Big changes are coming in April 2025! The UK is abolishing the Furnished Holiday Lettings (FHL) regime. This means no capital allowances, or special capital gains tax reliefs for FHL properties.

Why the change?
🔄 Levelling the playing field with traditional rentals.
💷 Boosting government revenues.
🏡 Tackling housing shortages in tourist areas.

Get ready for:
💸 New tax treatment similar to regular rentals.
📈 Higher tax bills and different income tax treatment.

What to do?

✅ Review the financial impact.
✅ Seek advice from tax pros.
✅ Plan ahead for budget adjustments.

Have questions or need help? Get in touch with us today