19 Sep

What could Brexit mean for VAT and TOMS and how can you prepare?

ABTA is holding its first event dedicated to helping travel businesses address the latest tax issues they face and plan for the implications of a deal or no-deal Brexit.

Moderated by ABTA’s Director of Finance and Resources, Carolyn Watson, attendees will be guided through the latest must-know tax and finance changes affecting Member’s businesses.

With the rapid pace of change in the tax world and political uncertainty we face, it is as important as ever to keep up to date on recent changes and obligations in the corporate, employment and indirect tax worlds. Failure to do so could create unnecessary financial and reputational risk for your business.

The event, held in partnership with Grant Thornton, will provide a valuable opportunity to network with other travel businesses, hear from ABTA and pick the brains of tax and finance experts.

The morning will kick off with ABTA’s Head of Media and PR, Jonathan Smith sharing ABTA’s current communications and public affairs priorities and providing a timely Brexit update. 

Grant Thornton’s Head of Travel, Tourism and Leisure, Yvonne Chappell will follow, running through the key topics of corporation tax including international tax issues and establishment overseas, capital allowances and entrepreneur’s relief. 

VAT Senior Manager, Franklin Mac, will go on to look at indirect tax updates including the implications of Brexit on VAT and TOMS. Ahead of the Brexit deadline, attendees will get timely guidance for both a deal and no-deal scenario.

Head of Talent and Talent Solutions Associate Director, Justin Rix and Bethan Gill, will conclude the ‘hot topics’ section of the day by looking at employment taxes including the upcoming IR35 legislation (coming in April 2020) as well as the apprenticeships levy and a globality mobility update.

Led by Yvonne Chappell, the day will conclude with an in-depth workshop bringing the previous sessions to life through a practical travel case study. Get first-hand guidance on the steps you can take to tackle the challenges new changes bring. 

Ensure you are up to speed on what’s required of your business and are prepared for the changes ahead. 

ABTA’s new Travel Tax Briefing is being held on 23 October 2019 at Grant Thornton’s offices in London. The briefing will run from 10:30-16:00 and will be followed by a drinks reception. Download an agenda and register your place online.