TOMS VAT Scheme Dispute Resolved: Sonder Europe Limited’s Victory
In a recent legal battle between Sonder Europe Limited (Sonder) and The Commissioners for His Majesty’s Revenue and Customs (HMRC), the focus was on the Tour Operators Margin Scheme (TOMS), a special TOMS VAT scheme applicable to specific services provided...
Booking.com in UK: Property Tax Insights and Guidance
The article guides UK property owners using Booking.com through the complexities of income tax, VAT, capital gains tax, and other relevant aspects, puts an emphasis on compliance, advantages, and tax-saving tips for successful property management.
Tax Implications on Rent to Rent Business in UK | R2R
Rent to Rent operators in the UK must navigate tax complexities. Whether self-employed or running a limited company, understanding income tax, allowable deductions, National Insurance Contributions, Corporation Tax, SDLT, and VAT is crucial. Staying informed ensures compliance and financial success...
UK’s Holiday Accommodation Sector Poised for Robust Growth in 2023
The UK's holiday accommodation sector, after facing setbacks in 2021 due to the pandemic, showcases strong signs of recovery and growth in 2022, offering an alluring opportunity for investors aiming to diversify their property portfolios.
