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News Article

"In May, you MUST give your Tenants the Renters Rights Information Sheet or

YOU RISK  - £7,000 FINE  PER TENANT PER PROPERTY."READ MORE

GR Snaps At HMRC Heels With Demands for Major Increases To Tax For Airbnb Landlords

14th Mar 2022

Once again the Generation Rent activist group has started another lobbying campaign for its members and followers to ‘swamp’ their MPs with its latest letter template before the Budget raises its head on the 23rd (March).

Image credit: Unsplash

The activist’s Twitter account tells its 17,000 members and followers: “The rise of AirBnBs is denying homes to people who need them. Taxing them properly will mean more #HomesNotHotels. Ask your MP to call on Rishi Sunak to close the holiday let tax loophole at the Spring Forecast on 23 March.”

One of the links in the tweets allows activists to tap in their postcode and receive a ready made customised letter to send to their own local MP.

Users are also encouraged to tick a box to receive extra updates and material from the campaign.
The letter to MPs says:

“As you may know, the rise of holiday lets have had a huge impact on areas throughout Great Britain that are popular with holiday makers.

“While the domestic tourism industry is a big part of the economy, and it is important that there is accommodation to support this, the growth of the holiday let sector is taking homes away from people who need to live there and damaging communities.

“I read that the Government has acted to tighten the rules so that second homeowners can no longer avoid paying council tax by claiming that their property is a holiday let.
“This is welcome news, but it is not the solution.

“The new thresholds to qualify for business rates will bring some funds back into local communities – but they will do nothing to make more homes available to local people.

“The tax system still incentivises landlords to switch from renting to local people to holiday lets so they can claim tax relief on their mortgage interest payments.

“If the government wants to help people up and down the country find a home they can afford, withdrawing the tax relief from holiday lets would encourage landlords to start letting to tenants again.”

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"In May, you MUST give your Tenants the Renters Rights Information Sheet or

YOU RISK  - £7,000 FINE  PER TENANT PER PROPERTY."READ MORE

 

 

 


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Fit for Habitation|March 2019 The ACT is intended to define minimum standards a rental property MUST be and makes a clearer pathway way for Tenants to be compensated|https://www.pims.co.uk/fit_for_habitation_act_march_2019/ Guarantor|The person who provides a guarantee and promises to make payment good should the person responsible for the agreement fail|http://www.pims.co.uk/guarantors/ MEES|The Minimum Energy Efficiency Standard (MEES) Landlords are charged with the requirement to bring their rental property to a minimum EPC rating of E. Property with F and G rating will effectively be banned from the rental market April 2018 |http://www.pims.co.uk/epc/ Section 11|Section 11 of the Landlord and Tenant Act 1985 places an obligation on the landlord to maintain the structure and exterior of the property, including installations for the supply of water, gas and electricity, heating systems, drainage and sanitary appliances|http://www.pims.co.uk/landlord-section-11-repairs/ serving date|This date is the date deemed received at the property - as an example if posted allow for posting days|/serving-notice-on-a-tenant-delivery-days/ Tenancy Application|The objective of vetting is to empower yourself so you can make an informed decision as to the calibre of the prospective person. Making your decision on facts and figures is invaluable and this is why you should always take references. The application form also provides you with permission to perform credits. This form details all the information you should ever require deal with most eventualities including absconding tenants|http://www.pims.co.uk/doc/57/ Tenant Fees|From June 2019 where renting properties in England gone are the days of charging for admin, letting fees, vetting, references, inventory, check in, check out, cleaning, pet insurance or ANY other fee that is not explicitly permitted within the legislation. |https://www.pims.co.uk/ban_letting_fees_act_2019/