HBAA announces new TOMS white paper

HBAA has announced the publication of a Tour Operators Margin Scheme (TOMS) White Paper, following the EU referendum.

Leigh Cowlishaw HBAA Chairman
Leigh Cowlishaw HBAA Chairman

Due to the uncertainty in the current marketplace and concerns within the events and hospitality industry, the HBAA revised and relaunched the TOMS paper to ensure members had the latest information.

The original paper was commissioned by David Bennett in 2010, which was the year that the HMRC made significant changes to VAT rules in the UK.

The new paper incorporates the more recent position of HMRC, as well as the implications of Brexit. The association is holding two workshop sessions this week for members in conjunction with Bennett, to discuss the content of the paper.

Leigh Cowlishaw HBAA Chairman, said:"Our members continue to look to the HBAA to be able to provide them with up to date expertise and relevant market leading information. We are delighted that David has again delivered the 2016 HBAA TOMS paper, with the added important topic of post EU Referendum. This coupled with the continued support provided by the HBAA Code of Practice, ensures that our members have business guidance to support the relationships between customers, agencies and venues."

More:

HBAA reveals 2016 association vice chairs

Former HBAA chair takes finance role at Conference Care

HBAA launches Technology, Innovation and Sustainability Committee

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