Government confirms end of furnished holiday lettings tax perks

The Labour government has resurrected previous Tory plans to scrap the furnished holiday lettings tax regime

holiday home
(Image credit: Getty Images/yavorskiy)

Property investors are set to lose the tax benefits of furnished holiday lettings (FHLs) from next April.

The previous government had unveiled plans to abolish the FHL tax regime in the Spring Budget to help free up property stock and fund the National Insurance cuts.

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Marc Shoffman
Contributing editor

Marc Shoffman is an award-winning freelance journalist specialising in business, personal finance and property. His work has appeared in print and online publications ranging from FT Business to The Times, Mail on Sunday and the i newspaper. He also co-presents the In For A Penny financial planning podcast.