@William810 please help me with math, I am struggling 😄
in Croatia we have to pay 25% VAT on Airbnb provisions.
Airbnb provision is 3% x 1,25 VAT=3,75%
Now, if we want $100 we have to charge 4% more
100$x1,04= $104/night. After deductions $104x0,9625=$100,10
if Airbnb charges 15% fee it will cost us 15% x 1,25 = 18,75% (round it on 19%)
If we want $100/night we have to charge 24% more
$100 x 1.24 = $124/night. After deductions, $124 x 0.81 = $100,44
So, we will have to raise our prices from $104 to $124 .... it is 20%
Our guests are paying now a 15% guest fee.
104x1,15=%119,6/night.... but with a host-only fee, they will pay $124/night.... or 4% more.