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STR associations meet Treasury over FHL tax regime changes
Reading Time: 3 minutesUK: Short-term rental industry associations and lobbyists have convened with HM Treasury officials in London to address the proposed changes to the Furnished Holiday Lettings [FHL] tax regime allowances.
FHL tax regime to be abolished from April 2025
Reading Time: 3 minutesUK: The UK Government will abolish the furnished holiday lettings [FHL] tax regime from April next year, removing the tax advantages that landlords who offer short-term holiday lets have over those who provide standard residential properties.
UK associations warn of impact of FHL Budget announcements
Reading Time: 3 minutesUK: Short-term rental industry associations advocating for the sector have warned of the impact of scrapping tax relief for holiday lets, which was recently announced by the government as part of its Spring Budget 2024.
UK Chancellor scraps tax relief for holiday lets in Spring Budget
Reading Time: 6 minutesUK: As expected, UK Chancellor Jeremy Hunt has announced that the government is scrapping tax relief for holiday lets to improve the availability of long-term rentals as part of his Spring Budget 2024.
Government announces short-term let controls in England
Reading Time: 6 minutesUK: The UK Government has announced reforms to planning laws that will empower councils in England to make short-term lets in their area subject to a planning process, thus preventing a “hollowing out” of communities.
Key Data announces PASC UK partnership
Reading Time: 2 minutesUK: Short-term rental data provider Key Data has agreed to become the exclusive data partner of the Professional Association of Self-Caterers UK [PASC UK], bringing fresh insights and data to the UK’s growing short-term rental market.
APPG calls for “national and mandatory” registration scheme
Reading Time: 2 minutesUK: A new report into short-term lets and the visitor economy by the All-Party Parliamentary Group [APPG] for Hospitality and Tourism has called for a “national and mandatory” registration scheme in England.