LOOPHOLE ON SECOND HOMES

Hi, it’s Deborah and Euzi Currently, those who have a second home in England can apply to their local authority for a council tax discount and access small business rates relief simply by declaring an intention to let the property as a holiday home. However, from 1st April 2023, in order to qualify for business rates, second homes will have to be rented out for at least 70 days a year and available to let for at least 140 days. This is to help make sure only genuine holiday lets benefit from the tax relief… https://www.gov.uk/government/news/gove-closes-tax-loophole-on-second-homes #legaladvicefordivorcematters #legaladviceforlandlordandtenantmatters #legaladviceforemploymentmatters #mackenziefriend #helpingyoutopreparetoattendatcourt #affordablelawforyou #bespokelegaladvice