Jane Edwards, who manages Pembrokeshire Properties, said the policy was “the nail in the coffin” for business and now it will cease trading at the end of October….
… Carol Peett, founder of West Wales Property Finders http://www.westwalespropertyfinders.co.uk, said: “[The rise in council tax] is hitting local businesses – shops, cafes, restaurants, tourist attractions.
“It is also impacting employment, particularly of young people. Cleaners and tradesmen who service the properties are being hit extremely hard, as they rely on the income from second homeowners for their main income.”
“It isn’t the locals who spend the money here, it’s the out-of-towners. If they stop coming, I’m worried that the area will just recede back to what it was like before. This means less choice for locals, and ultimately higher prices”….
The Daily Telegraph – Friday, 11th October 2023 – https://www.telegraph.co.uk/money/property/second-homes/labour-second-home-tax-raid-estate-agency-out-of-business/
N.B. since this article Pembrokeshire Council has dropped the Council Tax for Second Homes for the next financial year from 200% to 150% – see link below.
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