Furnished Holiday Lettings: Taxation Debate

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Department: HM Treasury

Furnished Holiday Lettings: Taxation

James Davies Excerpts
Wednesday 1st May 2024

(2 weeks, 5 days ago)

Westminster Hall
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Peter Aldous Portrait Peter Aldous
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I think the hon. Lady has hit on the way forward. The solution to this problem—if indeed there is a problem—needs to be sorted out locally, in consultation with the devolved Assemblies in Scotland, Wales and Northern Ireland, and with local authorities elsewhere in the UK.

James Davies Portrait Dr James Davies (Vale of Clwyd) (Con)
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My hon. Friend is being very generous in giving way. In April last year, the Welsh Government increased to 182 days a year the occupancy threshold that allows holiday lets to qualify for business rates. They have also allowed local authorities to increase council tax premiums to up to 300% in cases where that threshold is not met. Does my hon. Friend agree that that Welsh Government policy is destroying legitimate business among holiday let operations, and damaging the local economy?