The Government has published a policy paper confirming the abolition of the Furnished Holiday
Lettings (FHL) tax regime.
It will mean that property investors will no longer get the existing tax benefits of FHLs from next April.
The previous Conservative government had unveiled plans to scrap it in the Spring Budget to help free up property stock and fund the National Insurance
cuts.
Published on 29 July, the documents set out confirmation of the move that was introduced in the Spring Budget in March under Rishi Sunak’s premiership.
The new Labour…