New letting rules threaten UK farm holidays
The repeal of the furnished holiday lettings rules in April's Budget poses a long-term threat to the supply of holiday cottage accommodation, the NFU said today.
Changes to the tax regime for owners of self-catering properties mean many will be unable to claim important tax reliefs at a time when the demand for stay at home holidays is at an all-time high.
NFU Deputy President Meurig Raymond said: "We are concerned at the effect this decision will have on many of our members who have diversified in recent years into self-catering accommodation. As we approach October half-term many families will be taking a well-earned break in an English or Welsh farm holiday cottage.
"Such businesses can provide a much-needed boost to farm incomes in many areas of the country, and allow visitors from both home and abroad to enjoy the natural beauty of the environment in which farmers live and work. The current proposals not only put at risk the viability of such businesses, but also the wider benefits that tourism brings to rural areas.
"With many farmers involved in tourism, we were disappointed there was no prior consultation on the proposed tax changes with industry or with other Government departments such as the Department for Culture Media and Sport or Defra. We ask that Treasury Ministers revisit this issue and work with this important industry to develop a solution that will give holiday cottage owners the confidence to continue to provide self-catering accommodation."
NFU Press Release
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This Autumn 2009 News artile was created on 27th October 2009

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