Cossington Park, Somerset

Name: Graham Wason

Sector: Tourism

Current rateable value of business: £14,500

Original rateable value of business: £3,950

“Business rates make us financially unviable. Since the Government changed the Furnished Holiday Let rules, losses at Cossington Park can no longer be off-set with profits from my other activities (as they could for any other trading business), and I am therefore planning to close, sell or change use this year.”