Regulation18 June 2026·7 min read
HMRC's Abolition of the Furnished Holiday Let Regime: The First Full Tax Year In
The Furnished Holiday Let regime was abolished by Finance Act 2025 with effect from 6 April 2025 (income tax / CGT). The first full non-FHL tax year (2025/26) is now in preparation, with returns due by 31 January 2027. This piece looks at what operators are actually facing on mortgage interest relief, capital allowances, pension contributions and CGT reliefs — including the transitional 3-year BADR window for FHL businesses that ceased before 6 April 2025.