Originally posted by d000hg
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Reply to: Gove closes tax loophole on second homes
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Previously on "Gove closes tax loophole on second homes"
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Originally posted by d000hg View Post
Only if they are owned/run by a business, surely? And if you run your BTL through a business you could probably have got the £10k grant also?
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Originally posted by mattster View Post
Holiday lets often/usually qualify for small business rate relief which means they don't pay any rates at all. Total scam, and that's before we get on to the grants they were given over Covid. No wonder locals get the hump.
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Originally posted by OwlHoot View PostThat's strange - I thought business council tax rates were far more than domestic council tax
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That's strange - I thought business council tax rates were far more than domestic council tax
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Originally posted by Martin@AS Financial View PostI imagine that the residents of areas like Cornwall are delighted with this news as it will / should mean more money for the local area.
Full report here:
https://www.gov.uk/government/news/g...n-second-homes
It used to be available 210 days and let for 105 days - now its available 140 days and 70 days let see HS253 Furnished holiday lettings (2018) - GOV.UK (www.gov.uk)
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Gove closes tax loophole on second homes
I imagine that the residents of areas like Cornwall are delighted with this news as it will / should mean more money for the local area.
Full report here:
https://www.gov.uk/government/news/g...n-second-homesTags: None
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