Taking place on Wednesday 13 November at Saffrey Champness' offices in London, the free seminar will give event businesses the chance to have their say on the reform of the Package Travel Regulations (PTR), which Eventia revealed last month. The deadline for responses on the PTR reform is 29 November.
The reform involves agencies managing events that involve any element of the Tour Operators Margin Scheme (TOMS) – anything to do with travel services. This has meant that companies have had to pay VAT on the full amount of the non-travel part, and VAT-registered clients were unable to recover tax.
After negotiations between Eventia and HMRC, it will now be possible for agencies to issue VAT invoices on the non-TOMS element of an event - known as in-house supplies - which they were previously unable to do.
The consultation meeting will consist of two, two-hour interactive sessions led by Eventia regulation committee chairman Brian Kirsch, who is managing director of event insurance business Event Assured.
The first session will look at the PTR reform with travel industry lawyer Kylie Mather. Both will lead the exchange on the key points from the BIS Call for Evidence, seeking direct member feedback to help drive a response.
David Bennett of Saffery Champness, and Chris Parnham, chairman of the Hotel Booking Agents Association and managing director of Absolute Corporate Events, will lead a second briefing and interactive session on how changes to TOMS will affect events and travel businesses.
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