2nd home or holiday let

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    2nd home or holiday let

    Is there any way to find out if a flat is registered with the Council as a holiday let,business rates etc. ?

    #2
    Have you tried contacting the local council for such information? How come you need to know? From what I gather, if the property is available to rent for short periods (140 days), it is classed as a self-catering property so, it can be registered for business rate property tax.

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      #3
      Thanks. Our M.P Tim Farron has suggested 2nd home owners are fraudulently claiming to be holiday lets for financial advantage, in particular the £10000 small business grant.
      If any second home owner cheats in a way linked to ownership the property should be forfeited and sale price put into N.H.S.
      I consider it justifiable to expose anyone seeking to gain from this tragedy.

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        #4
        From what I gather, HMRC/Gov is looking to end that tax loophole they created by allowing holiday homeowners not having to prove that the property is actually let, or marketed for letting. https://www.gov.uk/government/public...g-a-disclosure

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          #5
          Good. Cheats should have no place in society.

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            #6
            For business rates: https://www.gov.uk/correct-your-business-rates

            For Council Tax: https://www.gov.uk/council-tax-bands

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              #7
              Originally posted by TruthLedger View Post
              From what I gather, HMRC/Gov is looking to end that tax loophole they created by allowing holiday homeowners not having to prove that the property is actually let, or marketed for letting. https://www.gov.uk/government/public...g-a-disclosure
              That link is nothing to do with HMRC closing a loophole; it's a long running campaign by HMRC (several years in place) to allow landlords and other property owners to own up about any tax that they haven't paid.

              HMRC are running the government grant scheme because they will know if the business has been paying tax on its income or not.
              The small business grant would be available to small businesses (including holiday let businesses) but they'd have to have some record with HMRC of trading to justify the grant.

              But the plan is to pay first and check after the crisis.
              When I post, I am expressing an opinion - feel free to disagree, I have been wrong before.
              Please don't act on my suggestions without checking with a grown-up (ideally some kind of expert).

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                #8
                Originally posted by scot22 View Post
                Is there any way to find out if a flat is registered with the Council as a holiday let,business rates etc. ?
                Having developed, run and subsequently sold our three holiday flats I do not believe there is any requirement to register furnished holiday lets (FHL) with the council other than choosing between council tax and business rates for each flat, the latter being the preference of the local council.

                I would suggest searching the Local Valuation Office records online to establish which 'rates' are being paid.

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                  #9
                  Thanks for the additional helpful posts.

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