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How to manage disbursements with Victoria Short Stay Levy in Resly?
How to manage disbursements with Victoria Short Stay Levy in Resly?
Updated over 2 months ago


Overview

This guide will walk you through setting up charges and disbursements for the Victoria Short Stay Levy in Resly.

If you're not familiar with the Victoria Short Stay Levy, refer to our main guide:
Victoria Short-Term Accommodation Levy

Before making the changes mentioned in this guide. Please make sure you have already done the initial setup in the How to set up Victoria Short Stay Levy in Resly guide.


When does the levy apply?

The Victoria Short Stay Levy applies to reservations made on or after January 1, 2025. Bookings secured before this date are exempt from the levy, regardless of the actual stay date.

Exemptions:

  • Stays longer than 28 days are exempt from the levy.



Understanding the Payment and Levy Collection by Platform

The Victoria Short Stay Levy applies differently depending on the platform. Here’s a breakdown of how payments and the levy are collected across major booking platforms:

Platform

Payment Collection

Levy Collection

Resly Direct+

Property manager collects payment from guests.

Property manager remits direct to SRO

Booking.com
Hotel Collect

Property manager collects payment from guests.

Pending confirmation from Booking.com

Booking.com
Channel Collect

Booking.com collects payment from guests.

Pending confirmation from Booking.com

Airbnb

Airbnb collects payment from guests.

Airbnb collects and remits the levy directly to the SRO.

VRBO
Hotel Collect

Property manager collects payment from guests.

Property manager passes the levy to Vrbo, who then remits it to the SRO.



Add New Supplier Accounts

To manage levy collection for different channels, you'll need to set up a supplier account for each one (e.g. Vrbo).

Step-By-Step

  1. Go to Finance > Accounts > Supplier Accounts in the Resly dashboard.

  2. Click on New Account to create a new supplier account for example: VRBO.

  3. Label the account as eg, VRBO-LEVY to easily identify it.

  4. Click Save Changes to finalize the supplier account setup.



Create New Charge for the Victoria Short Stay Levy

Now, you'll need to create a new charge to apply the levy to the relevant bookings.

Step-By-Step

  1. Go to Settings > General > Finance in the Resly dashboard.

  2. Click New Charge to create a new charge rule.

  3. Fill out the following details:

    • Reference: VIC-LEVY

    • Charge Name: Victoria Short Stay Levy

  4. Click Edit to configure the charge settings:

    • Charge Type: Select Percentage of the total amount.

    • Default Amount: Set this to 7.5%, which is the levy rate.

  5. Tick the following options:

    • Deduct before owner disbursement: This option ensures that the levy is deducted before any funds are disbursed to the owner.

    • Exclude from agent commission calculation: Exclude the levy from agent commissions.

    • Is marginal calculation: Instead of applying the percentage directly to the base amount, this option adjusts the formula so that the Levy is part of the total.

    • Round down to the nearest multiple of 5 cents: This is a requirement set by the state revenue office.

    • Use agent rebate base amount as the gross total: Select this option only if you have separate cleaning and booking fee charges setup in Resly. This will ensure these fees are also included in the levy calculation.

  6. Under Account Code, select Short Stay Levy.

  7. Select Override Settings for Dates link and configure:

    • Start Date: January 1, 2025 (This ensures the levy starts from this date).

    • Max. Length of Stay: 27 days (The levy only applies to stays up to 27 days).

8. Select the Override Settings for Agents link and configure:

8.1 Tick the selected agents that you need to apply as exceptions, as they manage the levy directly. (Example: Airbnb, Owner)

8.2. Select Override Settings for Agents

8.3 Tick the agents you want to override

8.4 Under Payable to, select the newly created Channel Levy supplier account.

9. Click Save Changes.

Please Note: You will now need to attach the newly created charges to any listings that apply in Victoria (Settings > General > Listings)




For any further assistance, please contact our friendly support team.


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