Fri, 22 Apr 2022
The Department for Enterprise is reminding Isle of Man householders that Friday 29th April is the deadline for registering or renewing their property for the popular Homestay Scheme.
The Homestay Scheme is operated by Isle of Man firm MiQuando and provides an opportunity for households to host paying visitors for the TT Races and the Manx Grand Prix. During the TT period ‘Homestay Hosts’ can earn up to £2,350 tax free income. Households which do not register for the scheme will not have access to the tax free allowance and will not be covered by the Department’s Public Liability insurance.
Any household looking to offer Homestay during the period must be registered. Registration is quick and easy, with fees of £60.00 for a new one-year registration or £80.00 for two years. The fee includes an inspection visit, plus marketing on the official Homestay website www.iomhomestay.com and social media pages.
Copies of the Homestay Hosts information pack and registration form are available to download from the hosts section of the Homestay website, or a copy can be requested from MiQuando by emailing hosts@iomhomestay.com or telephoning 01624 640393.