Spring Budget 2024 – “Budget for Long Term Growth”

Chancellor Jeremy Hunt delivered his ‘Budget for Long Term Growth’ on Wednesday 6 March 2024. His speech promised ‘more investment, more jobs, better public services and lower taxes’.

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Abolition of Furnished Holiday Lets

One of the stand out policies announced in the chancellor’s recent budget, particularly given our geographical location and the size of our tourism industry, was the abolition of the preferential tax treatment of Furnished Holiday Lets (FHLs).

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