Holiday properties rental income is generally subject to VAT. For a rental of longer than 28 days it is suggested in this article to grant a tenancy under the 1954 Act in which the supply of accommodation is specifically exempted from VAT.
https://www.accountancydaily.co/vat-...m-airbnb-stays
Does anybody know anything more about 1954 Act residential tenancies, please? A good trawl of the 'net, this forum and Practical Law have yielded nothing very helpful...
Many thanks for your help
https://www.accountancydaily.co/vat-...m-airbnb-stays
Does anybody know anything more about 1954 Act residential tenancies, please? A good trawl of the 'net, this forum and Practical Law have yielded nothing very helpful...
Many thanks for your help
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