Whether you pay business rates or Council Tax will depend on how many nights your property is available to let each year and how many nights it is 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.

Your property will be rated as a self-catering property and valued for business rates if it’s both:

  • available to let for short periods for at least 140 nights in total over the current and previous tax years
  • actually let for at least 70 nights in the last 12 months

If you only let one property and its rateable value is less than £15,000 you may be eligible for small business rate relief.

If the evidence provided does not meet the new criteria the property will be banded as a Council Tax property and charged as such.

To find out more, please visit the Gov.UK website.

You can download the Application for business rates for self-catering properties form and email the completed version to specialist.rating@voa.gov.uk.

Last updated: 16 August 2024