The Furnished Holiday Lettings (FHL) tax regime is coming to an end next month (April 2025). This will bring an end to key tax benefits, including capital allowances on embedded fixtures.
The measure will have effect:
If you own an FHL property, you may still be entitled to significant tax relief, but claims must be made before the deadline to ensure they can be carried forward beyond the abolition. Many owners and accountants are unaware of these hidden allowances, which can result in thousands of pounds in potential savings.
To help you navigate these changes, we’ve compiled a range of FAQs, guidance, recorded talks, and additional resources below. Take action now to make the most of the remaining tax benefits while they are still available!
You can find a list of ASSC Partners below that can help with all things Tax, Furnished Holiday Lets, Capital Allowances, and Accountancy:
Jason Batty | Managing Director
Scott Greig | Partner
Scott.Greig@eqaccountants.co.uk
Brian Wright | Director