25 April 2019
As of 1 March HMRC’s new policy came into force in relation to retained (or non-refundable) deposits came into force. This will affect any business which collect non-refundable deposits. Key areas affected by this new policy are hotels, restaurants and leisure sectors.
17 September 2018
With many tour operators unsure about how Brexit will affect the Tour Operator Margin Scheme (TOMS), and guidance from HMRC leaving the matter unclear, a couple of recent cases highlight areas that may have potential implications. We’ve summarised the two Advocate General (AG) opinions released in this article.