Tag Archives: cancellation

Deposit/Cancellation Fees – new VAT treatment

New VAT treatment, hotel

Hoteliers are you ready! From 1st March 2019 the treatment of cancellation fees is changing.  Previously where a customer has paid a deposit for a room and then subsequently cancelled, you had been allowed to reclaim the output VAT on this deposit, since there would no longer be a supply of accommodation and therefore this…