View our latest Coronavirus updates.

28th June 2017 by

Posted in News

Could you save money on your holiday…

Research around what you’re paying for your holiday home is key.

Now is a good time to check if you qualify for Business Rates, rather than paying Council Tax, and possibly save a lot of money in the process. The recently announced 50% rise in council tax is primarily aimed at people who have a second home for their own personal use and do not holiday let that property. As an owner, if your property is available for 140 days and is let for a minimum of 70 days, you would qualify for business rates.
Recently, one of our owners at FBM Holidays received a rebate of £8,000! This was based on a three-bedroom property in Tenby with a bathroom and shower room. The owner completed the necessary forms and asked FBM Holidays to provide backdated rental accounts from 2007 to 2015. The process was straightforward and resulted in a substantial rebate.
For more advice on business rates, or if you require backdated rental accounts, please contact Carol, our Customer Service Manager, on 01834 844565.

Leave a Reply

Your email address will not be published. Required fields are marked *