VATupdate
VAT

Share this post on

New Era for VAT in Hospitality: What You Need to Know in 2024

  • The 2024 finance law has brought major changes to the VAT regime applicable to furnished rentals and para-hospitality
  • End of the list of establishments automatically subject to VAT
  • Consequences of this change include an expanded tax base and simplified administrative procedures
  • The new VAT regime in 2024 simplifies and clarifies rules for furnished rentals and para-hospitality
  • The reform extends the VAT base to new actors in the sector, such as online platforms
  • All establishments offering accommodation services are potentially affected by the new regime
  • Professionals in the sector should seek advice from a VAT professional and consult official texts for guidance on compliance.

Source: eurotax.fr

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.

Sponsors:

VAT news

Advertisements:

  • VAT news