Value Added Tax (VAT) is an indirect tax that Peerspace collects in certain localities where it’s required. In some locations, this indirect tax has different names, like the Goods and Services Tax (GST), but for the purposes of this article, these indirect taxes will be collectively called VAT.
VAT is charged at the time of payment and is based on the total guest processing fee for a reservation. If you change your reservation, VAT adjusts to reflect any change in the guest processing fee.
Hosts may also include VAT in their pricing, and if you need an invoice for that VAT amount, you can inquire with the host directly.
If Peerspace has collected or refunded VAT on your bookings, then you can see the amount of VAT you’ve paid in your Taxes section.
Peerspace generates a downloadable invoice each month for all the taxes in each location that have been collected or refunded to you over that month. If you haven’t had a taxable event in a given month, then no invoice will be created.