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2025 Budget: “Permanently lower” business rates for hospitality and industry reactions revealed
Reading Time: 6 minutesUK: Chancellor Rachel Reeves delivered the Autumn Budget today, revealing “permanently lower tax rates” for hospitality properties. The 2025 Budget aims to fill a £20 billion spending gap, with tax rises amounting to £26 billion. A sugar tax, formally known as the soft drinks industry levy (SDIL), and a tax on overnight stays in England […]
Over 50% of UK second homeowners consider STR letting amid tax changes, Sykes research finds
Reading Time: 2 minutesUK: Most second homeowners in England who currently keep their properties for personal use are now considering opening them up to holidaymakers or tenants, according to new research from holiday cottage rental agency Sykes Holiday Cottages. The company’s latest survey of second homeowners who do not currently let their properties found that 71 per cent […]