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Accounting Journal
End of the FHL regime and transitional rules

End of the FHL regime and transitional rules

Asif Patel's avatar
Asif Patel
Feb 04, 2025
∙ Paid

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Accounting Journal
Accounting Journal
End of the FHL regime and transitional rules
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Landlords with furnished holiday lettings (FHLs) currently enjoy favourable tax advantages compared to those letting residential property on longer term lets. However, these advantages are to come to an end, and from 6 April 2025 FHLs will be treated as for other residential lets. However, transitional rules will allow landlords to access some of the ca…

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