Tag Archives: Operator

ABTA offers Brexit guidance on Tour Operator Margin Scheme | News

ABTA offers Brexit guidance on Tour Operator Margin Scheme | News

Following discussions with ABTA, HMRC has confirmed that once the transition period ceases on January 1st, the VAT charged on holidays through the Tour Operator Margin Scheme (TOMS) on travel outside of the UK will be zero rated. This will remove an area of uncertainty on a crucial issue for many ABTA members and has […]

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