Many holiday lets sector owners are concerned about the impact recent and upcoming regulatory and tax changes will have on their businesses – especially in the context of other rising running costs.

Sykes Holiday Cottages conducted a survey of 500 holiday lets sector owners to understand their attitudes to the industry and views on recent changes. Almost half (45%) of UK owners say they’ve already been affected by regulation changes, which increases to 63% of those in Wales.

Owners say rules allowing some councils to charge increased rates of council tax are most impacting their businesses, with nearly six in 10 (58%) affected by this.

Many holiday let owners are concerned about the impact recent and upcoming regulatory and tax changes will have on their businesses – especially in the context of other rising running costs.

Sykes Holiday Cottages conducted a survey of 500 holiday let owners to understand their attitudes to the industry and views on recent changes. Almost half (45%) of UK owners say they’ve already been affected by regulation changes, which increases to 63% of those in Wales.

Owners say rules allowing some councils to charge increased rates of council tax are most impacting their businesses, with nearly six in 10 (58%) affected by this.

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