United KingdomFHL Regime Abolition RulesFinance & SalaryUK Furnished Holiday Let (FHL) Tax Impact Calculator
Calculate the tax impact of the abolition of the Furnished Holiday Lettings (FHL) special tax regime (loss of full mortgage interest deduction, capital allowances, and transition to Section 24 20% basic tax credit).
New Annual Net Cash Profit
Calculator Inputs
New Annual Net Cash Profit
Extra Tax Due to Regime Abolition
New Total Tax Bill
Previous Tax Bill (under FHL rules)
Calculation Methodology
Old FHL: Taxable = Profit - 100% Interest. Post-FHL: Taxable = Profit; Tax = Tax - (20% * Interest).
Important Legal & Educational Disclaimer
Following the abolition of the FHL regime, short-term holiday lets are treated under standard residential property rules: finance costs receive a 20% basic rate tax reducer rather than full gross deduction.
This calculator is designed for educational and informational purposes only based on public statutory frameworks. The outputs do not constitute binding financial, tax, or legal advice. We assume no liability for decisions made based on these estimations. Always verify with the relevant official authorities or a certified professional advisor.
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