The dreaded abolishment of the furnished holiday lettings (FHL) tax regime is back. It had been hoped this proposal had been kicked into the long grass due to last month’s election – but the new government has stuck with the scheme.
Alistair Handyside, from the Professional Association of Self-Caterers (PASC UK), is leading lobbying efforts – and he is the special guest on today’s show.
During the episode, Alistair outlines what hosts and property managers can do to support the sector, discusses the potential impact of any legislation, and calls on the government to gather extensive data before formulating policy.
3:58 Abolishing the FHL tax regime is back on the agenda
5:34 Working in conjunction with the Association of Scotland’s Self-Caterers
6:30 There will be significant economic impacts
7:49 20% of operators will give up if the FHL tax regime is abolished
9:40 What PASC UK would like: get the data first
11:20 The data might surprise the government
15:37 How does this fit with the government’s plans to grow the economy?
16:52 What can operators do to help?
21:35 Rallying the troops for another push
24:00 Light at the end of the tunnel?
26:26 The case for furnished holiday lets
Links:
James Varley: https://www.linkedin.com/in/jdsvarley/
Holiday Cottage Handbook: https://www.holidaycottagehandbook.com/
Free ticket for STR Zone on 4-5 October: https://www.holidaycottagehandbook.com/str-zone
Priority list for new e-book: https://www.holidaycottagehandbook.com/e-book
Alistair Handyside: https://www.linkedin.com/in/alistair-handyside-mbe-4170b216/
PASC UK: https://www.pascuk.co.uk/
PASC UK FHL reports: https://www.pascuk.co.uk/reports/
Update on new FHL abolition paper: https://www.pascuk.co.uk/francis-clark-update-on-fhl-abolition-august-24/
Survey: https://www.surveymonkey.com/r/5KMN6JY
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