½Û×ÓÊÓƵ

Home / De-Voil /Part V3 Supplies, acquisitions and imports /Division V3.5 Output tax /Tour operators' margin scheme (TOMS) / V3.594 Tour operators margin scheme (TOMS)—other matters
Commentary

V3.594 Tour operators margin scheme (TOMS)—other matters


Part V3 Supplies, acquisitions and imports

This paragraph examines a number of matters related to the tour operators margin scheme (TOMS) including:

  1. Ìý

    •ÌýÌýÌýÌý the place of supply of designated travels services

  2. Ìý

    •ÌýÌýÌýÌý the liability of TOMS supplies

  3. Ìý

    •ÌýÌýÌýÌý commissions

  4. Ìý

    •ÌýÌýÌýÌý tax point rules for TOMS supplies

  5. Ìý

    •ÌýÌýÌýÌý input tax

  6. Ìý

    •ÌýÌýÌýÌý bad debt relief

  7. Ìý

    •ÌýÌýÌýÌý valuation and registration

  8. Ìý

    •ÌýÌýÌýÌý VAT grouping

  9. Ìý

    •ÌýÌýÌýÌý TOMS 'mitigation' options

For an overview of the TOMS more broadly, see V3.594.

Place of supply of designated travel services

The place of supply of a designated travel service (see V3.592 for the meaning of a designated travel service) is in the UK regardless of the place where it is to be enjoyed1. The definition of a designated travel service is such that it is limited to supplies by tour operators with business or fixed establishments in the UK2.

In guidance HMRC suggests3 that the effect of this is that

To continue reading
View the latest version of this document, as well as thousands of others like it, sign in to Tolley+™ Research or register for a free trial
TAKE A FREE TRIAL TAKE A FREE TRIAL

Web page updated on 17 Mar 2025 14:01