HMRC has confirmed that once the Brexit transition period ceases, the VAT charged on holidays through the Tour Operator Margin Scheme on travel outside of the UK will be zero rated.
News: ABTA offers Brexit guidance on Tour Operator Margin Scheme
HMRC has confirmed that once the Brexit transition period ceases, the VAT charged on holidays through the Tour Operator Margin Scheme on travel outside of the UK will be zero rated.
