diff --git a/C4/Circulation.pm b/C4/Circulation.pm
index 0b2b57e375..163e1560d1 100644
--- a/C4/Circulation.pm
+++ b/C4/Circulation.pm
@@ -3269,9 +3269,11 @@ sub CanBookBeRenewed {
     }
 
     # There is an item level hold on this item, no other item can fill the hold
-    # The flag skip_future_holds may be removed in the future. See bug 40435.
+    # The flag skip_future_holds is set when preference FutureHoldsBlockRenewals is not set (default).
+    # (Historically, Koha does not block renewals for future holds. Could be argued.)
+    my $skip = C4::Context->preference('FutureHoldsBlockRenewals') ? 0 : 1;
     return ( 0, "on_reserve" )
-        if ( $item->current_holds( { skip_future_holds => 1 } )->search( { non_priority => 0 } )->count );
+        if ( $item->current_holds( { skip_future_holds => $skip } )->search( { non_priority => 0 } )->count );
 
     my ( $status, $matched_reserve, $possible_holds ) = C4::Reserves::CheckReserves($item);
     my @fillable_holds = ();
diff --git a/Koha/Item.pm b/Koha/Item.pm
index d2b92c1956..865acdb578 100644
--- a/Koha/Item.pm
+++ b/Koha/Item.pm
@@ -1181,7 +1181,10 @@ sub article_request_type {
     my $holds = $item->current_holds
 
 Return the holds placed on this item.
-Respects the lookahead days in ConfirmFutureHolds pref.
+Respects the lookahead days in preference ConfirmFutureHolds when the
+param skip_future_holds is not set.
+Note that the preference FutureHoldsBlockRenewals controls that setting
+for renewals; see also C4::Circulation::CanBookBeRenewed.
 
 =cut