Holiday Let Changes 2023
Holiday Let Changes
What has changed?
From 01 April 2023, new eligibility rules for business rates will apply to self-catering properties in England and Wales.
If you don’t meet these rules your property will become eligible for paying Council Tax.
The rules will be used in assessments from 1 April 2023. The information about lettings during the 2022/23 operating year will be used to determine whether a property is eligible
Am I eligible?
To continue to be eligible for business rates, from 1 April 2023 your property must be:
- available for letting commercially for short periods that total 140 nights or more in the previous and current year.
- actually let commercially for 70 nights or more in the previous 12 months.
If the evidence provided does not meet the new criteria the property will be banded as a Council Tax property and charged as such.
To find out more, please visit the Gov.UK website
Frequently asked questions
The new eligibility rules will be effective from 1 April 2023
- The new eligibility rules will take effect from 1 April 2023.
- However, we will look at Information about a property's letting during the 2022/23 operating year to assess whether the new eligibility rules have been met.
- If a property does not meet the new eligibility rules for the 2022/23 operating year, the property will be moved out of Business Rates and into the Council Tax Valuation list from 1 April 2023.
- They will apply equally to all self-catering properties across England and Wales. New holiday lets will be liable for Council Tax each day until the property meets the eligibility rules.
- What do I need to do? Property owners do not need to tell the VOA anything now. A valuation officer will ask for this information in the 'Request for Information' form, which will be sent to property owners at a later date. We will consider whether they meet the new rules on the actual lettings for their property in 2022/23.