Commentary

V7.487 Tour Operators' Margin Scheme—margin scheme supplies and margin scheme packages

Part V7 Tax planning
Part V7 Tax planning | Commentary

V7.487 Tour Operators' Margin Scheme—margin scheme supplies and margin scheme packages

Part V7 Tax planning | Commentary

V7.487 Tour Operators' Margin Scheme—margin scheme supplies and margin scheme packages

The travel services listed above (accommodation, passenger transport, hire of a means of transport, etc) are always margin scheme supplies when bought in and resold to a traveller, either individually or as part of a package, without material alteration or further processing.

Supplies such as catering, admission tickets and sports facilities are also margin scheme supplies when bought in and resold to a traveller as part of a package with one or more of the travel services listed above without material alteration or further processing.

A margin scheme package is a

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