What's the latest on the proposed tourist accommodation levy (tourist tax) for short-term lets in various UK cities, and how will it directly impact my nightly rates and profitability for properties in destinations like Bath and Brighton?
Quick Answer
Many UK local councils are proposing a tourist accommodation levy on short-term lets, which would add a nightly charge to bookings, impacting profitability and potentially increasing rates for guests.
About This Topic
Learn about the proposed UK tourist accommodation levy, its impact on nightly rates & profitability for short-term lets in Bath & Brighton. Councils may charge up to 100% extra.
This question is part of our Tax & Accounting category, providing expert guidance on UK property investment.
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