How to apply Tour operators margin scheme
We have recently become VAT registered. One of our activities is to supply Yoga Holidays in the UK, France and Morocco.
In all instances, we do not supply travel. We only supply the accommodation (which is a hotel that we rent from a thirdparty) and the teaching of Yoga classes (either in-house or via a thirdparty)
We are trying to get to grips with TOMs and would be very grateful if anyone can offer some words of wisdom.
We can see the TOMs probably applies to the EU (including UK) supplies. However, does Morocco fall outside the TOMs?
Pouring over Notice 709/5, it talks about "I have an establishment in..." - but what does establishment really mean?
Any advice is very grateful...
- When to register or not for PAYE 431 8
- VAT on farm machinery sold 67 1
- Cash bashed (FRS) vs cash accounting (standard VAT)? 75 1
- Any thoughts on Capium? 383 1
- Can criminal action be a defence? 170 5
- How best to split income on a Buy To Let - married. How do you decide beneficial ownership 1,395 14
- Am I the only one who finds this annoying 327 10
- Seeking advice: Tax on investing in a subsidiary 104 4
- Property pages or self-employed? 93 1
- Income prior to company formation 160 7
- National Living Wage: creating jobs or unemployment? 288 6
- Chargeable Gains - CT600 88 2
- HMRC Security Deposit 534 13
- Restoring a Ltd company which had been struck off 375 9
- HMRC CT600 TOOL 248 4
- My friend may have unknowingly participated in a tax avoidance scheme... 925 8
- question 394 3
- VAT underpayment 214 6
- Contracting, Subcontracting and Agency Worker Regs 251 5
- Company Limited by Guarantee 112 1
- RTI Rollback to delete incorrect data 393
- Motor Traders Assistant Bookkeeping Programme queries 284
- Tracesmart/Lexis Nexis AML software? Any opinions? 258
- Continuity of practice-ACCA 249
- French ConnectionUK 201
- Fundraising for friend - minimise tax? 186
- Recommended International mobile phone coverage and costs? 185
- Can anyone explain Indian Minimum Alternate Tax 180
- APN's 169
- Penalties for late filing of P11D forms 143