During May we attended two meetings hosted by ASCAV (Asociación Canaria del Alquiler Vacacional). A report of the meeting has been sent to members. As you will know the Minister of Tourism, Culture and Sports, Teresa Lorenzo, announced recently in the full Parliament of the Canary Islands that she expects to have a draft to amend the decree on homes for vacation rental before summer. We hope that this time it will beneficial for most holiday rental owners. A reminder as mentioned in last month’s newsletter that the authorities have announced they will be focusing their interest this year on what they say is the amount of tax unpaid due to rental property owners not declaring it. Please ensure your taxes are up to date.