Self-catering and holiday let accommodation

If your property is in England and available to let for short periods that total 140 days or more per year, it will be rated as a self-catering property and valued for business rates.

If your property is in Wales it will be rated as a self-catering property and valued for business rates if it’s both:

  • available to let for short periods that total 140 days or more per year
  • actually let for 70 days

There are different rules in Scotland.

The Valuation Office will work out the rateable value of your property based on its type, size, location, quality and how much income you’re likely to make from letting it.

If you only let one property and its rateable value is less than £15,000 you may be eligible for small business rate relief.