'My £20k bill for holiday lets deemed second homes'
Summary
Judith Robbins, who runs holiday apartments in Blackpool, is facing financial difficulties after her properties were reclassified as second homes under new tax rules. This change has increased her tax bills significantly, and now she owes more than she can afford to pay.Key Facts
- Judith Robbins manages eight self-catering holiday apartments in Blackpool.
- In October, six of her apartments were reclassified as second homes, not holiday lets.
- This reclassification increased her yearly payment from about £3,500 in business rates to £9,000 in council tax.
- The change is part of a government effort to address housing shortages in coastal and rural areas.
- More than 9,000 properties in England have been reclassified under these new rules.
- Robbins is appealing the decision, which could take up to six months.
- Other businesses in Blackpool are facing similar issues and are considering selling.
- The Valuation Office Agency is responsible for the classification and is handling many cases currently.
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