Taxation logo taxation mission text

Since 1927 the leading authority on tax law, practice and administration

Readers’ forum: VAT treatment of holiday lets in Greece

26 April 2022
Issue: 4837 / Categories: Forum & Feedback
Holiday lets

I act for a limited company that owns the freehold of two houses in Corfu. They are rented out as holiday lets but my client always invoices a UK agent which then applies a mark-up and charges the final UK holiday makers who will stay in the houses.

My client started this activity in April 2021 – post-Brexit – and has charged the agent UK VAT at 20% through his existing VAT registration as a UK-to-UK sale. Is this correct?

To create an extra complication my client recently paid €50 000 plus 24% Greek VAT to a builder based in Greece for putting in outdoor swimming pools to each house. I told my client to ask for a VAT credit from the builder as this is a B2B sale to a non-EU business – my client can then do the reverse charge on his next VAT return. But...

If you or your firm subscribes to Taxation.co.uk, please click the login box below:

If you are not a subscriber but are a registered user or have a free trial, please enter your details in the following boxes:

Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this item in full.

Please reach out to customer services at +44 (0) 330 161 1234 or 'customer.services@lexisnexis.co.uk' for further assistance.

back to top icon