What is vatable - UK

[Ben4424]

Dear Fellow hosts,

When calculating your turnover for a holiday let, do you include the nightly rate plus any other fees (cleaning for example) as your gross turnover or should you also include the airbnb guest fee (c15% on top)? 

Many thanks

Ben

[Mike-And-Jane0]

@Ben4424 I believe you should include the total revenue you receive plus the host service fee including the VAT on said service fee.

If you are on the new model where the host pays all the service fee and the guest pays nothing you are more likely to hit the VAT threshold.