What has changed
From April 2025 furnished holiday lets lost their special tax treatment and are now taxed like any other residential property, losing reliefs such as full mortgage interest relief and certain capital allowances.
Who it affects
Owners of furnished holiday lets.
What you should do
Review how your lets are structured and financed, as the change affects mortgage interest relief and capital allowances. Consider the impact on any future sale.
Our view
Holiday let owners need to revisit numbers that used to work under the old rules. Some structures that made sense before no longer do.
Common questions
Who does this affect?
Owners of furnished holiday lets.
What should I do about it?
Review how your lets are structured and financed, as the change affects mortgage interest relief and capital allowances. Consider the impact on any future sale.
Can TaxTune help me with this?
Yes. Tell us your situation through the quote builder or book a free call, and we will explain exactly what it means for you and handle it if you would like.
Related services and guides
Landlord tax service Landlord expenses guide Accountants for landlords