Overview
Non-domestic Rates, also known as Business Rates, is collected to pay towards the cost of local services.
Business rates are charged on most non-domestic properties, like:
- shops
- offices
- pubs
- warehouses
- factories
- holiday rental homes or guest houses
The property doesn’t have to be used for a business – if it is used for any purpose which is not domestic, it is likely to be rateable.
Holiday let changes 2023
The rules for business rates on self-catering properties (holiday lets) are changing from 1 April 2023.
Your property will be rated as a self-catering property and valued for business rates if it is both:
- available to let for short periods for at least 140 days in total over the current and previous tax years
- actually let for at least 70 days in the last 12 months
If you do not meet these rules, your property will become eligible for paying Council Tax.
More information can be found at the links below:
https://www.gov.uk/introduction-to-business-rates/self-catering-and-holiday-let-accommodation
https://www.gov.uk/government/news/changes-to-business-rates-rules-for-self-catering-properties
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