22nd July 2009

THE REPEAL OF FURNISHED HOLIDAY LETTINGS RULES - UPDATE FROM DCMS

You may be aware of the recent changes in taxes for furnished holiday lets that may impact on your business and the local tourism economy.  Shropshire Tourism has written to MP's and the Department for Culture, Media and Sport.

Since 1984 furnished holiday lets have qualified as a business, which has allowed them the tax benefits that come from trading as a commercial business, this is due to change in April 2010.


The negative impacts of this will not only be on the business themselves but also the domestic tourism industry and the local economy, and the tax advantages listed in the attached document will be lost.


We urge you to lobby the Secretary of State for Culture, Media and Sport, the Rt Hon Ben Bradshaw MP, and the Minister for Culture and Tourism, Barbara Follett as well as your local MPs; Owen Patterson for North Shropshire, Phillip Dunne for Ludlow, Mark Pritchard for Wrekin, David Wright for Telford, and Daniel Kawczynski for Shrewsbury to request a formal period of consultation on the proposed changes. We also encourage you to contact VisitBritain with your concerns.


Shropshire Tourism has written to the MP's and Department for Culture, Media and Sport (DCMS). 


Click on this link to download the response from DCMS.


Details of the repeal can be found by clicking here.

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