Tax Rates

Tax rates can be configured for any country. In the United Kingdom Sales Tax (VAT) is 17.5% but is usually included in the cost of a booking. Up to 5 different tax rates can be defined for use in Extras , Meals and Card surcharges. A different set of rates are applied for Accommodation. A name can be assigned to each tax code. These names appear on the Sales Tax Report .

We believe we support all internationally recognised Sales Tax schemes. If not please contact us and we will add anything missing.

A Tax type is applied from a specific date. Some Tax Rates change regularly. accommres can be setup with multiple rates and are applied according to the date of booking and the length of stay. Rate changes which occur during the stay are applied on the appropriate day.

The above example is for a company using British VAT. The one below is for a company using New York Sales Tax. The final one is for a Slovakian based company.

Accommodation

Four bands of Tax can be defined for accommodation based on the length of stay. The top row (starting at 1) is the length of stay from which the rate on the row beneath applies. Selecting the "Tax accumulate ...." option determines whether the Tax is calculated at the rate determined by the length or by calculating at all rates to reach the length. In the above example VAT only has one rate per length. In the New York example below there are State, County and Local Tax Rates. Please contact your local tax authority for advice on rates. Rates shown are not accurate.

Where nightly taxes are used, options are available on how it is applied. In Slovakia a charge of 1 Koruna per night is applied to bookings for foreign guests only.

Nominal Accounts

" Nominal Accounts" are automatically created when a Tax Rate scheme is added to a company using "Your details ". For an overview of "Nominal Accounts" see the Nominal/General Ledger section.

Adding/Assigning a Tax scheme

Once defined a "Tax scheme" must be added/assigned to a Company. Up to nine different schemes can be added to a Company. See " Your details" for more information.