Event details
ABTA’s popular one-day training course offers practical guidance on VAT in travel and a comprehensive update on all travel VAT changes.
Get the latest updates and practical guidance from travel tax specialists.
About the event
Staying up to date with the complex and often confusing topics of travel VAT and the Tour Operators Margin Scheme (TOMS) can be challenging and time consuming.
Attend this practical training day to ensure you have the confidence and knowledge to correctly account for TOMS and VAT in travel. ABTA’s thorough training will help you avoid accounting errors, unnecessary costs and potential fines.
Uniquely tailored to the travel industry, the training day will provide guidance and answers to the following questions:
• Where do non-EU tour operators currently need to register for VAT?
• How do you account for VAT across the EU?
• Are you aware of all the changes expected in EU VAT reform?
• Have you considered the VAT risk in the countries you operate?
Through interactive sessions and exercises you will practice travel VAT calculations first hand and have ample opportunity to discuss your questions with tax experts.
This seminar is aimed at travel industry finance professionals who require a full understanding of VAT.
Trainers
 | Damon Wright has over 25 years’ experience in VAT, as an HM Revenue & Customs (HMRC) Senior VAT Inspector and in practice. He has worked for big four and mid-tier firms of accountants. He has also spent some time working in industry for Virgin and the (ex) Thomas Cook Group PLC. He has extensive experience of advising Aviation, Tour Operator and Travel Agent clients across VAT, IPT and APD, especially over the last 15 years, including the application of TOMS across the EU, operating as an agent in the UK and internationally, and the implementation of international business structures. |
| Naomi is FCCA and CTA qualified with more than 15 years experience in VAT. Starting in the retail sector, and having worked in both industry and practice, she has real insight into the issues affecting clients. Naomi has extensive experience advising a large variety of clients and a particular specialism in the tour operator and private vehicle hire sectors. She also retains a keen interest in the consumer sector and partial exemption. She enjoys working closely with clients to understand their business and seeks to make the complex world of VAT accessible. |
Sessions
• Introduction to VAT in travel including post-Brexit changes
• EU VAT reform
• The current position for UK tour operators in member states
• Practical exercise: effects of the new TOMS
• Practical exercise: TOMS or not TOMS
• TOMS for travel management companies and corporate travel agents.
Benefits of attending
• Receive expert guidance on travel VAT calculations
• Ensure you are fully aware of all the changes to VAT post-Brexit
• Hear about the EU VAT reform and how this could help your business
• Get an in-depth guide to TOMS and when it applies
• Gain a full understanding of the current position for UK tour operators in other member states
• Take part in practical exercises and carry out your own calculations around travel VAT
• Spend valuable time with VAT experts and have all your questions answered
• Network with colleagues and learn how your peers are dealing with the challenges
• Stay up to date and gain insight into future VAT issues impacting the travel industry.
Who should attend?
Finance teams within large and small tour operators, travel management companies and corporate and travel agents. This event is open to ABTA members, non-members and the wider travel industry.
Event prices
ABTA members/Partners:
Early Bird member rate - £249
Standard member rate - £279
Non-members:
Early Bird non-member rate - £389
Standard non-member rate - £419
This includes lunch and refreshments throughout the day, all delegate materials, presentations and an attendee certificate.
Make payment by credit or debit card.
View our booking terms and conditions here.
Discounts
- Book three places and get 50% off the third place.
(This discount will be automatically applied when you book online.) - If you are looking to book for a larger group please contact events@abta.co.uk for a bespoke discount.
*To qualify for the ABTA member/Partner discount you must have a current ABTA member/Partner number or your application must be in progress when the event takes place.
Non-members are welcome to attend. For information about becoming a member click here.
Sponsorship
Event partner
K3 Tax Advisory is part of K3 Capital Group Plc, a multi-disciplinary and complementary group of professional services businesses based in the UK with operations in key overseas financial centres.
We provide tax advisory services to owner managed businesses, private equity backed structures and mid-market corporates operating in the UK and internationally. We specialise in delivering commercially aware tax advice to mitigate tax risk and maximise value. We work across all industry sectors, with a diverse range of clients in areas such as retail, food & drink, property, publishing, travel hospitality and leisure and e-commerce. We also have specialist expertise in banking and investment management.
Our team of tax professionals have experience gained working in Big 4 firms, global financial sector businesses, specialist advisory firms and HMRC.
At MHA, our travel industry specialists understand the issues you are facing . We can help with the day-to-day running and strategic development of your business, helping you to plan effectively for the future. Alongside the usual audit, accounting, tax, advisory and compliance services you would expect, we can work with you on:
• VAT accounting – including Tour Operators’ Margin Scheme (TOMS) calculations
• VAT compliance and tax and business advice in 145 countries around the world
• Business planning, disposals and acquisitions
• Employment tax issues and the engagement of workers
• Licensing and protection support including ATOL, ABTA, IATA and TTA
For information on how to promote your company at this event, please contact events@abta.co.uk.
