What would be our tax liabilities on a chambre d’hotes?
Martins
Answered
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We are at early stages of considering a move to ºÚÁÏÍø×îÐÂÈë¿Ú. I have searched through the forum, but aware that tax and regulations change over the years. We are a married couple in our early fifties and have no children. We are looking to open and run an upmarket bed and breakfast / chambre d’hotes and this will be our only source of income.
We thought a chambre d’hotes would be ideal, but are concerned about the restrictions and unsure about the tax implications. Having done a business plan, we would hope to simply offer bed and breakfast for four luxury rooms and this shows a total annual revenue of 70,000 euros.
- What would be our tax liabilities at that level of turnover, and do we qualify as a chambre d’hotes?
- I understand that being a chambre d’hotes is a very strict regime and that hotels in ºÚÁÏÍø×îÐÂÈë¿Ú have been increasingly concerned about chambre d’hotes operating as quasi hotels. Are the regulations and taxes more onerous if you decide to be a bed and breakfast / small hotel rather than a chambre d’hotes?
