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Unlocking Savings for Accommodation Providers 

TOMS VAT- Streamlined Taxation for Rent-to-Rent Business Model

Welcome to our specialist TOMS VAT services, where we help accommodation providers reduce their VAT burden while ensuring compliance with tax regulations. Discover how TOMS VAT can make a significant difference for your business. 

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Spearheaded by the UK's polished professional bodies, ACCA and CIOT, we vow that we render the best service from our qualified and regulated accountants and tax advisers.

Accommodate VAT Relief with TOMS  

What You Need to Know about TOMS VAT? 

The provision of holiday accommodation is typically standard rated at 20% for VAT. However, TOMS VAT offers a substantial reduction in your VAT liability as VAT is calculated only on the margin, which is the difference between the selling price and the direct costs of accommodation, including rent and cleaning. 

Margin Based VAT  

TOMS VAT simplify VAT calculations for businesses in the travel industry, particularly for those offering holiday accommodation. It enables businesses to pay VAT only on the margin, which is the difference between the selling price of the travel package and the direct costs incurred. 

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Significant Savings  

One of the significant advantages of TOMS VAT is the potential for tax savings. By paying VAT on the margin instead of the full selling price, businesses can significantly reduce their VAT liabilities. 

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Increased Competitiveness 

The reduced VAT rate can enhance the competitiveness of UK accommodation providers, making their services more attractive to customers while maintaining profitability. 

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Simplified Calculations 

TOMS VAT simplifies the VAT calculation process, making it more straightforward for accommodation providers to determine their VAT obligations. Instead of computing VAT on every individual expense, TOMS VAT focuses on the margin, streamlining the overall tax process. 

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