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2.2% Charge for Payments by Booking.com

I had an email advising that booking.com is going to charge 2.2% for every reservation made from 1st October on.

It appears that this charge will be on the full reservation amount, which means the fee will be applied on their commission as well?!

Is this 2.2% plus GST or including GST?

Also, we've only used payments by booking.com for 6 months and were assured that there is not extra charge for it. Now 6 months later, they changed their mind. Not impressed!

Further, we were told that in the very near future, payments will be made fortnightly rather than monthly. That still hasn't happened either.

2 Replies

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Hakahanabb

Hi Marion I agree with you relating to B.Com additional 2.1% fee for payments, this service was a part of their commission and has no justification in being implemented.

Looking at their interpretation of commission and Vat.

You calculate your rate at 100 of any currency to be financially viable.

Add Vat @ 15% x 100 = 15 added to rate = 115

 

Add B.Com 15% x 115 = 17.25 add Vat @ 15% = 2.60 total amount 134.85

B.Com does this 15% of total amount -20.23 add Vat @ 15% = -3.03

Total due to you = 111.59 subtract 2.1% payment fee = -2.34 add Vat @ 15% = -0.35

Total now paid =  108.90 of which you are liable to pay Vat 15% = -16.34

Earnings =  92.56

IS YOUR BUSINESS SOLVENT OR INSOLVENT

TIME TO MOVE TO NEW PASTURES  

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2 months ago