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The Department for Enterprise is reminding homeowners in the Isle of Man that registration to participate in the current Homestay Schemes for both the 2019 TT Festival and the 2019 Isle of Man Festival of Motorcycling is still open.

The Homestay Scheme is operated by Isle of Man firm MiQuando, on behalf of the Department, and provides an opportunity for households to host paying visitors for both the TT and Festival of Motorcycling. During the TT period ‘Homestay Hosts’ can earn up to £1,800 tax free income. Households who do not register will not have access to the tax free limit.

Nigel Jones, MiQuando Limited Director commented:

“It’s shaping up to be a very busy year for Homestay, with over twice the website activity compared to this time last year, and we have a growing list of visitors seeking accommodation, especially single and twin rooms. 

If anyone has a spare room and wants to earn some tax free income, they should consider registering for Homestay”

Homestay registration and inspection is compulsory for any private household looking to offer paid accommodation during the two festivals to ensure that visitors receive a high level of quality and fire safety standards.

Copies of the Homestay Hosts’ information pack and registration form are available to download from the hosts section of the Official Homestay website www.iomhomestay.com, or a copy can be requested from the Homestay Team by emailing hosts@iomhomestay.com or telephoning 01624 640393.

Registration is quick and easy with fees starting from £37.50 per year for a new registration and from £22.50 per year for a re-registration. The fee includes an inspection visit (for new registrations), plus marketing on the official Homestay website www.iomhomestay.com and social media pages. In addition, registered hosts will have access to the Department’s Public Liability insurance.

Participants of the Homestay Scheme must ensure their current registration is up-to-date and does not run out before the TT Festival or Isle of Man Festival of Motorcycling if there is an intention to host paying visitors. If participants are unsure of their registration expiry date please contact MiQuando who will be happy to confirm.

The Department wishes to remind all Island homeowners that it is illegal to host paying visitors without being registered by MiQuando. If you are currently or intending to promote your property on social media platforms or websites, such as www.airbnb.co.uk, to accept paid visitors please note that the Homestay registration applies.

The deadline for registration is Tuesday 30th April 2019.

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