FHL tax regime to be abolished from April 2025
UK: 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 hospitality industry reacts to Labour General Election win
UK: The Labour Party has secured a landslide victory and majority in the UK General Election, winning more than 326 of the 650 seats needed to gain a majority in the UK Parliament.