VATupdate

Share this post on

Changes of VAT rules on travel services

As of 1 January 2022, selected rules for the application of VAT on travel services (Sec. 89 of
the VAT Act) were changed. According to the new rules, it will be necessary to (i) calculate the
margin for each service provided (aggregate margin for the whole taxable period is no longer
available) and (ii) declare the tax on advances received for travel services.

Source: EY

Sponsors:

VAT news
VAT news

Advertisements:

  • AXWAY - VATupdate Banner