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Future of short-term let regulation debated in Westminster
Reading Time: 5 minutesUK: The regulation of short-term lets was the subject of a Westminster Hall debate on Thursday [12 September], ahead of the introduction of either a potential statutory registration or licensing scheme, and a bill on the licensing of short-term lets in parliament.
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.
Hopes Labour housing plans will end holiday let ‘blame culture’
Reading Time: 4 minutesUK: Following the results of last week’s UK General Election, new Chancellor Rachel Reeves’ announcement of new measures to accelerate housebuilding in the UK has been welcomed by the holiday let sector, which has been calling for some time for governments to tackle the real factors affecting the housing market.
Cotswolds ranked as most profitable UK region for holiday letting
Reading Time: 3 minutesUK: The Cotswolds has topped a new ranking of the best places in the UK to own a holiday let, according to a new report from Sykes Holiday Cottages.
Petition and survey launched to address FHL tax regime
Reading Time: 2 minutesUK: After the UK Government announced that it was scrapping tax relief for holiday lets earlier this month, a petition and survey have both been launched to address the incoming Furnished Holiday Lettings [FHL] tax regime and assess its impact on businesses across the UK.
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.