- Upper Tribunal reversed decision on VAT for rent-to-rent holiday accommodation
- VAT must be accounted for on total income received, not margin
- Dispute over whether Tour Operators Margin Scheme applies to supplies made by Sonder
- Sonder leased apartments long-term, furnished and decorated them for short-term accommodation
- FTT focused on physical alterations, found TOMS applied
- UT found FTT erred in test applied, correct test is whether there was material alteration
- Sonder had bundle of rights different from what was supplied to guests
- Sonder may appeal to Court of Appeal by February 14th
Source: mha.co.uk
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
