Changes for Holiday Lets… The Start of Covid Relief Reclamation?
From April 2023, when new Rateable Values become effective across England and Wales, new eligibility rules for business rates will apply to self-catering properties. From that date, if a property used as a self catering holiday lease fails to meet these new rules the property will become subject to Council Tax. The rules will be…
Renewable Energy and Rateable Values – is ‘Going Green’ worth it?
In October 2021 the Government announced business rate exemptions for eligible plant and machinery used in onsite renewable energy generation to be effective from 1 April 2023 until 31 March 2035. This was then scheduled to take effect as soon as possible after 1st April 2022 as the Valuation Office Agency (VOA) began work on…