Business rates
Self-catering and holiday let accommodation
Whether you pay business rates will depend on how many nights your property is available to let each year and how many nights it was actually let.
The Valuation Office Agency (VOA) will work out the rateable value of your property based on its type, size, location, quality and how much income you’re likely to make from letting it.
There are different rules if your property is in Scotland or if your property is in Northern Ireland.
If your property is in England
It will be rated as a self-catering property and valued for business rates if over the last 12 months both the following were true:
- it was available to let for short periods commercially for at least 140 nights in total
- it was actually let for at least 70 nights
If you only let one property in England and its rateable value is less than £15,000, you may be eligible for small business rate relief.
If your property is in Wales
It will be rated as a self-catering property and valued for business rates if over the last 12 months both the following were true:
- it was available to let for short periods commercially for at least 252 nights in total
- it was actually let for at least 182 nights
Check if you’re eligible for small business rates relief in Wales.
Proving you need to pay business rates
The VOA will send you a letter asking you to provide information about your business by completing a request for information form. There are different forms for properties in England and properties in Wales.
You must return the completed form within 56 days of the date on the letter.
If you do not meet this deadline, your property will be valued as a domestic property and you will have to pay Council Tax instead of business rates.