Important message for owners of self-catering accommodation

Welsh Government has published revised guidance in relation to self-catering accommodation.  In accordance with the new guidance, properties will not be eligible for grant unless the following criteria are met: •   The self-catering accommodation can produce two years of trading accounts to 31 March 2019 •     The self-catering accommodation must actually have been let for a period of 140 days or more in the financial year 2019-20 •      The self-catering accommodation business must be the primary source of income for the owner (minimum threshold is 50%). Local authorities have full discretion to request and examine trading business accounts, booking lists and self-assessment tax returns submitted to HMRC for the financial […]