West Dorset MP welcomes clampdown on second home tax loophole

By Lottie Welch

2nd Feb 2022 | Local News

West Dorset MP Chris Loder has lobbied Chancellor Rishi Sunk for change
West Dorset MP Chris Loder has lobbied Chancellor Rishi Sunk for change

West Dorset MP Chris Loder has welcomed a clampdown on a second home tax loophole.

Mr Loder has lobbied Chancellor Rishi Sunak for changes, which will see second home owners pay tax if the property is not a legitimate holiday let.

Mr Loder said: "Tax avoiding absentee landlords can avoid paying council tax, but access small business rates relief by simply declaring an intention to let the property out to holidaymakers - whilst young and working people struggle with even finding a home to buy.

"These government changes will stop that tax avoidance and ensure second home owners have no loophole to avoid contributing their fair share for our services."

The Government will now be bringing in changes to the tax system, which will mean second homeowners must pay council tax if they are not genuine holiday lets.

From April 2023, second homeowners will have to prove holiday lets are being rented out for a minimum of 70 days a year to access small business rates relief, where they meet the criteria. Properties will also have to be available to be rented out for 140 days a year to qualify for this relief.

Don't forget to sign up to our newsletter below!

You can submit your own news straight to Dorchester Nub News by using the 'Nub It' button on our home page. This can also be done for events on our What's On page and businesses, groups and organisations on our Local Listings page , also by using the 'Nub It' button.

Please like and follow our online newspaper on your favourite social media channel. You can find us @DorchesterNubNews on Facebook and @DorchesterNub Twitter.

     

New dorchester Jobs Section Launched!!
Vacancies updated hourly!!
Click here: dorchester jobs

Share:

Related Articles

Local News

Festivities about to start at Brewery Square

The Tom Brown site
Local News

Nine new homes for Dorchester town site

Sign-Up for our FREE Newsletter

We want to provide dorchester with more and more clickbait-free local news.
To do that, we need a loyal newsletter following.
Help us survive and sign up to our FREE weekly newsletter.

Already subscribed? Thank you. Just press X or click here.
We won't pass your details on to anyone else.
By clicking the Subscribe button you agree to our Privacy Policy.