Re: AirBnB

Date: 2017-09-20 11:07 am (UTC)
danieldwilliam: (Default)
From: [personal profile] danieldwilliam
I'm not in principle against people turning their flats in to businesses. They own them and there are willing sellers and willing buyers and I think the state and community that the state represents need to be cautious about intervening in ownership and markets.

I'm definately against rowdy holiday makers disturbing your peace and quiet and making your life unpleasant.

I'm definately in favour of regulating markets in order to manage externalities either by forbidding them or by gathering funds to pay compensation.

Having a licence which the council can revoke or threaten to revoke might improve the behaviour of landlords and therefore reduce the suffering inflicted on you through the externalities of the market. Honestly, I'm not optimisitic about Edinburgh Council's ability to resource licence compliance. HMO licence requirements aren't going to address the noise issue and that's going to the be the starting point for the regulations in terms of physical set up. (Specifically, I don't think any new regulations are going to require additional soundproofing in the between-flat voids.)

90 days still seems daft to me as the Furnished Holiday Letting tax rules kick in a 105 days. If you are going to be letting your flat for about 90 days you will probably want to push on to the 105 actual letting days and the 210 potential letting days or you are a student winter let / AirBnB summer let. I don't think it changes any behaviour.

I'd expect it to cover other holiday lets. How would you tell them apart? Not all towns are Edinburgh and there are many towns where tourist income is useful and dependent on holiday letting businesses.

I still think the proposals are unlikely to change behaviour much. The weak link is the council enforcement arm.

Re: AirBnB

Date: 2017-09-25 08:28 am (UTC)
danieldwilliam: (Default)
From: [personal profile] danieldwilliam
If you are subject to business rates when running a single Furnished Holiday Let property you are likely to qualify for Small Business Rates Relief and therefore pay less.

(Although that position seems to be changing).

I'm sure there is all sorts of tax avoidance going on.

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