- The UK Government has launched a call for evidence on the future of the Tour Operators’ Margin Scheme (TOMS), with the consultation open until 31 January 2027.
- The review will assess whether TOMS remains appropriate and whether changes could simplify the VAT treatment of travel services.
- Options under consideration include retaining, simplifying, or reforming the current rules.
- The Government is also reviewing how travel services enjoyed in the UK but supplied by overseas operators should be treated for VAT purposes.
- The issue is significant for tour operators, travel agents, destination management companies, and other businesses buying in travel services, especially given recent litigation on when TOMS applies.
Source: deeksvat.co.uk
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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