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Digesting the Spring Budget


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This week’s episode is a Spring Budget Special featuring Steve Taggert, the Founder and Managing Director of My Getaways.

 

Steve was in parliament to hear UK Chancellor Jeremy Hunt announce the abolishment of the furnished holiday lettings tax regime, and he spoke to Holiday Cottage Handbook Founder, James Varley, about the potential implications of the proposal.

 

3:52 Steve’s story in the short-term rentals world

7:51 My Getaways elevator pitch 

8:59 Make sure you get your rates right 

9:57 Advice to those who want to scale

11:48 Guest communication tips

14:28 Great Wi-Fi and photography

15:31 How hosts can be great neighbours

17:11 Working with homeowners 

18:37 Key trends

21:15 The Spring Budget – Steve’s day in parliament 

25:38 Promoting the industry is vital 

28:32 Advice for hosts who want to help the cause

30:27 Why a registration scheme had to happen

32:10 Data is integral in order to create the right legislation 

33:17 Why professionalisation is important 

35:03 Weeding out the cowboys 

37:33 Steve’s lobbying efforts 

38:51 The impact on housing 

40:03 Favourite brand in the STR space: Minut

41:00 Individual shout-outs: Richard Vaughton and Andy Fenner 

42:24 Advice to people worried about the FHL tax regime: Don’t Panic!

 

Links mentioned:

 

Petition to reverse government plans to abolish the FHL tax regime: https://petition.parliament.uk/petitions/658866

Holiday Cottage Handbook LIVE (free e-ticket) https://propertyinvestor.smartreg.co.uk/Visitors/Visitors/register?promoid=WEBSITE

HCH Financial Services: https://www.hchfs.com/

Holiday Cottage Handbook: https://www.holidaycottagehandbook.com/

Free e-book: https://www.holidaycottagehandbook.com/e-book

Survey: https://www.surveymonkey.com/r/LC2W7GJ

Steve Taggert: https://www.linkedin.com/in/stevetaggert/

My Getaways: https://www.mygetaways.co.uk/

SuperControl’s discovery sessions: https://supercontrol.co.uk/property-investor-show

Minut: https://www.minut.com/?utm_campaign=holidaycottagehandbook&utm_source=partners

PASC UK letter to MPs: https://pascuk.eaction.online/FHL/search

Touch Stay: https://touchstay.com/?utm_source=HolidayCottageHandbook&utm_medium=email+social&utm_campaign=airbnb

Sustonica: https://www.sustonica.com/

Richard Vaughton: https://www.linkedin.com/in/richardvaughton/

Andy Fenner: https://www.linkedin.com/in/andyfenner2023/

UK STAA: https://ukstaa.org/

 

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Email the show: [email protected]

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