Zeal MD & FHL Tax Expert, Matt Jeffery, joins James Varley [Founder, Host Planet], in the latest episode of the HP Podcast.
Sponsored by Hostfully.
| In this episode of Host Planet Bitesize, Matt Jeffery from Zeal Tax breaks down the recent changes to the Furnished Holiday Lettings (FHL) tax regime and what they mean for short-term rental owners and investors. With the FHL regime now abolished as of April this year, many hosts are left wondering how this will affect their current tax position, future investments, and overall profitability. Matt provides practical advice on navigating the transition, from understanding the impact on capital allowances to strategic planning for future tax efficiency. His key message? Don’t panic – there’s still time to take action and protect your financial interests. |
Key Takeaways:
- The FHL regime may be gone, but capital allowances are still in play. Owners can still make claims before their next tax return is due, ensuring they don’t miss out on valuable relief.
- New investors need to rethink their approach. The changes will affect how properties are evaluated for tax purposes, making early advice and accurate structuring essential.
- STR businesses should step up and support their clients. Property managers and industry professionals need to educate their owners about the implications of these changes and encourage proactive tax planning.
Key Sections:
01:04 – What changed in April?
03:43 – What does it mean for current holiday let owners?
05:57 – The implications for new holiday let investors
08:05 – James’s kitchen question
09:38 – The biggest issues owners are facing
16:24 – There is still time to claim capital allowances!
19:29 – Can you offset capital allowances against a capital tax gains bill?
20:41 – The amount of capital allowances you could expect from the average property
21:58 – What STR businesses should be doing to help their clients
24:00 – Matt’s message: don’t panic!
25:14 – Register for Holiday Let Success
More from Zeal & Host Planet:
Download: A Summary of Tax Changes from April 2025 and the Capital Allowances Countdown.