The impact of VAT on the Hospitality and Leisure sectors
It is expected that in 1 January 2020, Qatar will introduce a broad value-added tax (VAT) at a standard rate of 5 percent, according to the Gulf Cooperation Council VAT Framework (GCC framework).
All businesses in Qatar will be affected by the introduction of VAT. For businesses in the Hospitality and Leisure (H&L) industry, there are a variety of factors to consider which will impact different aspects of their operations.
In this flyer, we have highlighted the key areas that H&L businesses should consider to ensure that they manage VAT effectively, drawing on our knowledge of VAT treatment around the world. When the VAT law is released in Qatar, it is important that H&L businesses assess it carefully to ensure they are fully compliant and manage their tax in the most efficient way possible.