Budget implications on holiday lets?Make Text Bigger
I have just been watching the new Chancellor’s Budget speech and I was particularly interested in the proposals for business rates. He is proposing a grant of £3000 for Businesses that qualify for rates relief.
I understand that most holiday letting properties qualify for business rate relief and I assume that in this instance they will also qualify for the grant?
Does anyone have any thoughts on this as it would appear to encourage Buy to Let investors to move into holiday lets?
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