Summer is getting closer and closer. This is the time when advertisements for renting accommodation in tourist attractive places appear more and more often. If someone lives in such a town on a daily basis, he can also offer a sleeping place for tourists. It is important that when deciding on this form of earning, you make sure all the formalities related to it.
Many tourists prefer this type of vacation rather than staying in hotels. It has its own specific atmosphere and charm. The quarters are usually smaller, accommodate fewer guests, are intimate and quieter, and often their owners are very sociable and open-minded people who also offer advice and help. They can also tell you where interesting, but less popular tourist spots are.
Renting accommodation for tourists is also much easier on the part of landlords than running hotel services. The accommodation places made available in this way do not have to be registered or reported for categorization.
With this form of business, the entrepreneur has to meet much less restrictive requirements that are imposed on, for example, guest houses or hotels. Registering an object is also cheaper precisely because you do not have to define its category.
All you need to do is report such a place to the head of the municipality, mayor or city president and put it on the list of accommodation for rent. The record can be kept under a variety of slogans – whether it is accommodation, accommodation or rooms – but you must remember to make such an application. Otherwise, it is illegal.
Of course, the above mentioned accommodation does not have to be located in a separate building. It can even be in the owner’s house.
Renting accommodation for tourists is an economic activity, and the person who decides to do so is an entrepreneur. Therefore, it must have a registered business activity and pay taxes on the obtained income.
So since this is a registered company whose premises are notified, you need to know that they have to meet certain requirements. They are not as high as those for guesthouses and hotels. The rooms, however, must meet certain sanitary and fire criteria, but also must have certain minimum equipment, below which it is not allowed to go down.
Registering places with the appropriate office causes that the landlord must take into account inspections. If the places he offers do not meet the requirements, he will be obliged to pay appropriate penalties. This is a disadvantageous solution as an entrepreneur running a sole proprietorship is usually responsible for his business with his own assets. So it may turn out to be too much for him.
Tourist accommodation can also be invoiced privately. Then you do not need to set up a business, and all rental profits are settled once a year on the annual tax return. However, it should be remembered that such a possibility is only allowed in the case of long-term rental.
Whichever form of settlement the landlord chooses, you should always remember to disclose and account for all rental income. Possible consequences can be really costly and involve numerous problems with the tax office. It is not worth the risk, especially as the benefits of renting accommodation can be long-term.