Page 74 - ADVANCED TAXATION - Day 1 Slides

Output Tax: Exempt Supplies (S 12)

l

Commercial accommodation

Accommodation & domestic

goods/services supplied ≤ 28 days =

Value of supply FULL VALUE

Accommodation & domestic
goods/services supplied @ all-

inclusive rate for unbroken period of
> 28 days = 60% OF ALL-INCLUSIVE

CHARGE
Where separate prices are charged for accommodation and other

services VAT levied @ 100% for other services and 60% for
accommodation

Domestic goods/services: example - cleaning and
maintenance, meals, laundry, furniture, television set etc.