Holiday Accommodation: Taxation
The question
To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of the abolition of the furnished holiday lettings tax regime on the economy in (a) West Dorset constituency and (b) other coastal economies.
Answered by James Murray
Short-term lets will continue to play an important role in the UK’s tourism economy, including in coastal areas, without the FHL tax regime. Removing the regime. It equalises the tax treatment of landlords’ income and gains.
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