I got a prospect who trades with sport events, football tickets mainly.
When they buy from the Premier League they pay VAT on the tickets, but when they buy from FIFA, based in Switzerland, they don´t pay VAT, reverse charge applies.
I have put him in contact with a VAT specialist (https://vatadvice.net/) to make sure he does things right. Not sure if they could use the Tour Operator Margin Scheme. In the meantime I would like to know for my own knowledge the basics of his business.
Q1 - They have bought some tickets from FIFA for matches that will be played in London. If he resells the tickets, does he have to charge VAT on them?
Q2 - If the match is played in Turkey, does he have to charge VAT?
Q3 - Could Tour Operator Margin Scheme apply?