Holiday Accommodation: Taxation
The question
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.
Answered by James Murray
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.
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