THUMPED BY T.O.M.
Very little attention is given to this hideous non-repayable tax – Tour Operator Margin Scheme -levied on your G.P which in reality COULD bring a company to it’s knees bearing that we already pay tax on the net profit or corporation tax.As this is a European Union Tax why is Ireland and Denmark exempt ? At the Inland Revenue nobody but nobody has an answer. Will somebody here in the UK take up the gauntlet like A.B.T.A. and start the fight for it’s members for a change. After all they have nothing more important to do ?
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