Welsh holiday lets face 'brutal' tax rules that could see thousands of job losses
1 Articles
1 Articles
Welsh holiday lets face 'brutal' tax rules that could see thousands of job losses
Thousands of travel and tourism jobs in Wales could be affected by recent regulations on holiday lets, industry stakeholders have warned, due to the chilling effect of business tax rules on tourist bed capacity. Brought online in 2023, the rules state that self-catering accommodation in Wales must be available for short-stay lets for over 252 nights per year to qualify for business rates that are more favourable than residential council taxes. W…
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