We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
The Forum is currently experiencing technical issues which the team are working to resolve. Thank you for your patience.
do I have to tell Council if renting out an annex
uklel
Posts: 38 Forumite
I am about to sign a rental agreement in a house tomorrow.
The house comes with a self contained annex (not separate water rates or electric, but separate door)
The landlord has said I can rent it out as a holiday let.
I want to use that just to top up my money so basically part time Rental.
Do I have to tell the council? If so I’m assuming they will charge me business rates or such like?
The house comes with a self contained annex (not separate water rates or electric, but separate door)
The landlord has said I can rent it out as a holiday let.
I want to use that just to top up my money so basically part time Rental.
Do I have to tell the council? If so I’m assuming they will charge me business rates or such like?
0
Comments
-
It's complex and will depend what it is and where it is.
In some areas a holiday let needs planning permission.
You'd need to check what planning permission that annexe has.
You'll have to pay 2x council tax on it whether you rent it out or not.
You'll also need insurance cover as you're running a business.
For specific area help/advice you need to at least give a county where it is, so people in that county, who know they do/don't allow/disallow things can post to answer.0 -
Thank you.
It is in Carmarthenshire, South West Wales.
The annex shares its water, electricicity and Council tax as part of the house.
It is joined to the house but no connecting door to go directly from one to the other.0 -
I only want to top up money not make a profit from it so it sounds like it wouldn!!!8217;t be viable then due to the extra council tax
it!!!8217;s just over £2,000 a year for Council tax as it is without spending more on CT. 0 -
[FONT=Verdana, sans-serif]If its a separate dwelling and comes to the attention of the VO you may end up with two council tax bands whether you let it or not.[/FONT]0
-
I am about to sign a rental agreement in a house tomorrow.
The house comes with a self contained annex (not separate water rates or electric, but separate door)
The landlord has said I can rent it out as a holiday let.
I want to use that just to top up my money so basically part time Rental.
Do I have to tell the council? If so I!!!8217;m assuming they will charge me business rates or such like?
How long as you looking to rent it out for as a holiday let ?
If it's a self contained unit being used for residential purposes / as a holiday let it potentially should be banded for CTax or at least rated for business rates at the moment (dependent on the exact circumstances) but in to the future it depends on what exactly is planned.I no longer work in Council Tax Recovery but instead work as a specialist Council Tax paralegal assisting landlords and Council Tax payers with council tax disputes and valuation tribunals. My views are my own reading of the law and you should always check with the local authority in question.0 -
So I!!!8217;m getting the impression at the very least there would be several hundreds of pounds a years in either Council tax, business rates or both. 0
-
So I!!!8217;m getting the impression at the very least there would be several hundreds of pounds a years in either Council tax, business rates or both.
That depends - if it's rateable for business rates then the property usage tends to fall in to that which would be covered by a small business rates relief but that depends on the situation.I no longer work in Council Tax Recovery but instead work as a specialist Council Tax paralegal assisting landlords and Council Tax payers with council tax disputes and valuation tribunals. My views are my own reading of the law and you should always check with the local authority in question.0 -
Also ,your rental income would be taxable and you'd have some kind of landlord obligations, but I don't know how or whether these would differ from those of someone doing residential lets.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 350K Banking & Borrowing
- 252.7K Reduce Debt & Boost Income
- 453.1K Spending & Discounts
- 242.9K Work, Benefits & Business
- 619.8K Mortgages, Homes & Bills
- 176.4K Life & Family
- 255.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 15.1K Coronavirus Support Boards