Furnished Holiday Lettings (FHL) Update 2025

Introduction

Following an announcement in the Spring Budget 2024 by the previous government of the proposed repeal of the FHL regime from April 2025, the Finance Act 2025 abolished the regime from April 2025.

This webinar will look at the impact on FHL landlords with losses, or who have claimed capital allowances, and explores whether disposal with CGT relief is still possible.

What You Will Learn

This webinar will cover the following:

• The special tax reliefs removed, and from when
• Review of the conditions that applied
• Impact of the repeal on FHL landlords:
• Position regarding capital allowances claimed
• Position regarding unrelieved losses
• Position regarding jointly held property
• CGT transitional provisions regarding gift, replacement or disposal:
• Anti-forestalling provision
• Or is the business a trade?
• Inheritance tax business property relief including Graham [2018] TC06536 and Gertrud Tanner [2025] TC09456

This pre-recorded webinar will be available to view from Monday 7th July 2025

Alternatively, you can gain access to this webinar and 1,800+ others via the MBL Webinar Subscription. Please email webinarsubscription@mblseminars.com for more details.