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Succession Planning PolicyOriginationAuthorised issue No. Date Page 1 of 9ASTLLT BOARD1Jul 16Succession Planning PolicyContentsPage1Introduction032Aims and Objectives033Our principles for leadership
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LLT board stands for Local Lodging Tax board. It is a governing body responsible for overseeing and managing the collection and distribution of local lodging taxes.
Property owners or managers who rent out lodging accommodations within a designated area that collects local lodging taxes are required to file LLT board.
LLT board forms can typically be filled out online or submitted in person to the relevant tax authority. Property owners or managers must include detailed information about their lodging accommodations and tax collection.
The purpose of LLT board is to ensure that local lodging taxes are collected and distributed fairly and used for the benefit of the community, such as tourism promotion or infrastructure improvements.
Information that must be reported on LLT board includes details of the lodging accommodations, rental income, tax collected, and the duration of rentals.
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