VAT on Serviced Accommodations: Is your income over the VAT threshold?
Navigate VAT complexities for your serviced accommodation business with insights on standard-rated VAT for apartments and benefits of the Tour Operators Margin Scheme. Contact us for hassle-free assistance with your VAT queries in holiday lets and serviced accommodations.
VAT Analysis for Agent and Principal Roles in Serviced Accommodation
Untangle VAT complexities in serviced accommodation: Agents pay VAT only on commissions, while principals consider property location and Tour Operators’ Margin Scheme. Essential insights for both agents and principals.
Hotel Industry and Serviced Accommodation
The hotel industry, a significant part of the hospitality sector, faces diverse tax implications, including VAT registration, rates, and considerations for accommodations. Meanwhile, the serviced accommodation market, rapidly expanding, requires attention to income tax, VAT, capital gains tax, and other...
Tour Operators Margin Scheme (TOMS) and Serviced Accommodation
A guide to understand how TOMS can reduce VAT liability for businesses that provide travel accommodation services without material alteration.