The government has launched a consultation on strengthening the criteria used to assess whether properties let for holidays should be liable for business rates.
The document outlines three options – whether the property will be available for letting for short periods totalling at least 140 days; whether it was available for 140 days in the previous year; or whether it was actually let for periods of up to 70 days during the previous year.
The consultation document said: “Such measures could help to ensure that only owners of properties that are genuine businesses are liable for business rates, rather than council tax.”
