Budget 2024

Budget 2024 – Now that was a budget to get our teeth into. Having spent the afternoon reading various budget documents, here are my thoughts

Furnished Holiday Lets – Tax Changes

In the spring budget of March 2024 the (then) government announced that the special tax rules for furnished holiday lets (“FHLs”) were to be abolished. The UK political landscape then changed quickly and so we did not know whether the new government would proceed with this plan.