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Second Home Tax Loophole Closed - Here's What You Need To Know

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Martin Bamford

The second home tax loophole in England closes next April. What does that mean for you? Well, it depends. If you’re passing off your holiday home in Cornwall, Devon, the Lake District, Suffolk, West Sussex or the Isles of Scilly as available to let, so you qualify for small business rates relief (and avoid council tax bills), you’re in for a nasty shock.



Martin Bamford is an awardwinning personal finance expert, a bestselling author, and the CEO of Bear Content, the Surrey Hills agency that creates compelling content that will engage your audience, build trust, drive traffic and generate leads – all while you focus on growing your business. He’s a Chartered Financial Planner, Fellow of the Personal Finance Society and Director of Client Education at Informed Choice, where he chairs the investment committee responsible for allocating £400 million of client assets.

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