Commentary

V7.495 Tour Operators' Margin Scheme—Revenue & Customs Brief 21/10

Part V7 Tax planning
Part V7 Tax planning | Commentary

V7.495 Tour Operators' Margin Scheme—Revenue & Customs Brief 21/10

Part V7 Tax planning | Commentary

V7.495 Tour Operators' Margin Scheme—Revenue & Customs Brief 21/10

On 21 May 2010 HMRC issued Revenue & Customs Brief 21/10 setting out details of an agreement with representative bodies of the business travel sector about invoicing business customers for supplies under an arrangement known as 'hotel bill-back'. Under the 'hotel bill-back' arrangement, a hotel booking agent books hotel accommodation on behalf of its business client. The arrangements detailed below apply where hotel booking agents act in a disclosed capacity so that the hotels supply accommodation direct to the business clients (the travellers).

The agreed arrangements are:

  1.  

    •     Invoices from hotels will

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