Xeinadin will host a complimentary webinar on VAT/TOMS and related regulations on 21 April from 12:30 pm to 1:30 pm. This session is designed to clarify complex areas within the tourism industry.
TOMS was originally designed to simplify VAT for UK businesses, and it now applies differently after the UK’s departure from the EU in 2021. In the UK, TOMS still applies for domestic travel, with VAT paid only on UK holiday and travel margins. For travel outside the UK and EU, the margin is zero-rated. Discussions within the EU continue on whether non-EU travel businesses should register for VAT in the countries they operate in.
The webinar will also cover travel regulations for outbound operators, the different types of travel packages, and who ATOL, ABTOT and ABTA are, and their respective roles in regulation. The webinar is particularly relevant for finance teams in the tourism sector, as well as anyone looking to upskill in these areas.
You can sign up to the webinar here.
