Furnished holiday let tax: changes coming in 2025

Furnished holiday let property changes

In the Spring Budget 2024, the Conservative Government announced changes to the Furnished Holiday Let (FHL) regime from 6 April 2025. We posted an update at the time (please see: Furnished holiday let property changes | Lambert Chapman). This provided a summary of what we knew at the time, but further details have now been released. With the removal of capital allowances on new expenditure, the existing pool will remain, and annual writing down …

Furnished holiday let tax: changes coming in 2025

Significant changes are coming in 2025 for furnished holiday lets. What was once seen as a smart investment with attractive tax benefits could become more complicated.  Read on to learn everything you need to know about the current furnished holiday let tax rules and how they’re set to change. In this article we’ll cover the following:  What is a furnished holiday let?  Furnished holiday let tax changes in 2025 Holiday let tax rules – what do y…