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Birmingham Post
Birmingham Post
Business
Owen Hughes

Welsh Government push on with tax hike for holiday homes not let out at least half the year

Welsh Government will press on with plans that could hike taxes on holiday properties that are not rented out at least half the year - despite significant opposition in the sector.

The government unveiled plans this year to give councils the power to increase the council tax premium on second homes to 300% and add stricter rules on minimum letting times to qualify for business rates. They said it was part of a raft of measures to support people to buy homes in their local communities.

Currently, self-catering properties in Wales must be available to let for a minimum of 140 days in any 12-month period, and actually let for at least 70 days to qualify for business rates rather than council tax.

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