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<p>The Government has announced that it will abolish the Furnished Holiday Lettings
(FHL) tax regime from April 2025, equalising the tax treatment of all individual FHL
and non-FHL businesses. This will make the taxation of property fairer and simpler
while raising revenue for vital public services. The changes will not penalise or
prohibit the provision of FHLs more widely.</p><p> </p><p>The status of individual
businesses, and so the application of tax rules, will always depend on the specific
facts of each case.</p><p> </p><p>The Government keeps all aspects of tax policy under
review and any decisions on future changes will be taken by the Chancellor in the
context of the wider public finances.</p>
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