Are you confused or annoyed concerning the proposed adjustments to Hilton Head Island’s enterprise license guidelines for short-term rental house owners?
You’re in luck. The city is internet hosting two public boards on the problem. One will probably be Tuesday at 9:30 a.m. and the opposite will happen Aug. 3 at 2 p.m. The occasions will probably be within the City Corridor council chambers at 1 City Middle Courtroom.
Enterprise house owners will be capable of ask questions and make feedback, stated Communications Director Carolyn Grant.
A change in South Carolina business license law would require all property house owners on the island who hire one room or a house to have an lively enterprise license as of January 2022.
Individuals who presently personal and hire only one unit will not be required to have a business license issued by the town.
The change will imply a further price to short-term rental house owners and, doubtlessly, renters.
A enterprise license for a short-term rental proprietor will price a minimum of $95.50 for people making as much as $2,000 per 12 months on their rental, in keeping with the brand new standardized fee schedule.
People making greater than $2,000 on their rental will probably be taxed a fee of $1.70 per $1,000 of earnings on high of the bottom fee. In some circumstances, charges for nonresident enterprise house owners are doubled.
Adjustments to the native enterprise licensing construction come on account of the S.C. Business License Standardization Act, which is able to make it simpler to get and renew enterprise licenses throughout the state, particularly for companies that function in a number of counties.
The state standardization would require all short-term rental house owners to maintain a enterprise license and renew it yearly.
That change will have an effect on greater than 2,500 short-term rental house owners on Hilton Head, in keeping with April Akins, the city’s income providers supervisor.
The City Council may have its first studying of Hilton Head’s standardized enterprise license ordinance on July 20, The Island Packet previously reported.