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2025-10-16 · VAT package on travel and tourism ↗ originalus šaltinis
Impact on SMEs Small and medium-sized enterprises (SMEs) play a vital role in the European travel and tourism sector, representing a significant proportion of travel agencies and tour operators across the EU. The complexity and inconsistency of the current VAT regime, particularly the application of the TOMS (Tour Operator Margin Scheme), pose substantial challenges for these businesses. Administrative Burden: SMEs often lack the resources and specialized staff to manage the intricate requirements of VAT compliance, especially when operating across multiple Member States. The need to interpret and apply varying national rules increases the risk of errors and exposes small businesses to…