Hi
I need your help on the VAT heath check on our client (the management company).
Our client is running Hotel (accommodation with B&B). Hotel Premises comprise 40 rooms and each room is owned by a sperate individual. As per lease agreements, the management company will advise/sell rooms to the public and provide all hotel services. Income from customer includes room rents, breakfast charges, dinner etc. Only room rental element belongs to room owners and will get distributed to them on a periodic basis. All other income (breakfast, dinner, drinks etc) belong to the management company.
My questions:
Should management company charge VAT on room rental element if this is income will get distributed to room leaseholders on a quarterly basis.
The management company separately will invoice for running expenses to leaseholders as service charge. All leaseholders are resident outside the EU, should the management company include VAT on service charge invoices?
Kind regards
Chaudhary
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