- From 2 January 2026, taxis and private hire vehicle journeys will be excluded from the VAT Tour Operators’ Margin Scheme unless supplied with other specified travel services.
- This change affects businesses that buy and resell these journeys as principal or as agents acting in their own name.
- Taxi and private hire vehicle operators are primarily impacted, but other businesses may also be affected.
- Journeys where operators act as disclosed agents or are provided directly by the driver to the passenger are not impacted.
Source: gov.im
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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