Tourism levy was introduced on 1st March 2017. It is a consumption tax on the use of tourism facilities such as hotel accommodation, including food and beverages. The tax is levied at the rate of 1.5% of the value of accommodation, food and beverages, before Service Charge and VAT.
Tourism Levy is also applicable on all events that tourism facilities host on their premises. These include:
- Gala dinner
- Wedding, birthday or kitchen parties of 25 people or more.
The accounting period for Tourism Levy is a calendar month and the tax due date is the 14th day of the month following the accounting period.