| If you're planning on going to Cornwall, you should | | | | their taxes so much that many of them would be |
| know that the choice of accommodations there | | | | forced to sell these places. |
| could be more limited in the future. Right now, | | | | People who go to Cornwall can certainly still stay |
| there are around 22,000 properties in the area | | | | in hotels and there will be some people who have |
| that are furnished and that are let out for | | | | homes to let there, because they will be willing to |
| holidays. People use them often, and they bring in | | | | pay extra taxes. However, most of them will not |
| good revenue for the people who own them and | | | | be interested in this new arrangement because |
| let them out when they aren't using them. The | | | | they won't make the kind of money that they |
| fact that they're furnished and that they are | | | | were previously making. If they weren't making a |
| usually cottages and homes instead of hotel | | | | lot to begin with, this could push them over the |
| rooms makes them very popular with people who | | | | edge and right into not making any more money |
| need a little bit more space - perhaps they're | | | | off of their property. If they start to lose money |
| travelling with a big family or a large group of | | | | they can raise their rates, but that might stop |
| friends. They are also generally more | | | | people from wanting to let their property, causing |
| accommodating to dogs and other pets, so it's | | | | them to lose more money. Asking for more |
| easier for people to travel if they can let a place | | | | taxes might actually hurt more than it helps |
| like this rather than stay in a hotel. Cornish | | | | because so many of these properties will be sold. |
| accommodations may change, though, and if they | | | | Since they aren't being let anymore, the tax for |
| do it will be because the taxes that are on these | | | | that won't be able to be collected. |
| properties will be too much for the people who let | | | | This article was written by Tom Sangers on |
| them to bear. Essentially, Cornwall wants to | | | | behalf of The Olde House who provide a great |
| remove the tax relief and the breaks that the | | | | place to stay when looking for Family Holiday |
| owners of these properties get. That would raise | | | | Cornwall based. |