Value-Added Tax (Amendment) Regulations 2009 (S.I. 289 of 2009)

The Revenue Commissioners have made Regulations under the Value-Added Tax Act 1972 concerning the operation of VAT.

These Regulations insert a new Regulation 33A into the Value-Added Tax Regulations 2006 (S.I. No. 548 of 2006) in relation to the travel agent’s margin scheme. The scheme provides for the taxation, from 1 January 2010, of margin scheme services supplied by tour operators and travel agents, acting as principals (referred to in the VAT Directive as “travel agents”). The Regulations in particular cater for:-

• simplified accounting arrangements,
• supplies to a traveller of margin scheme services together with goods and services provided from the travel agent’s own resources,
• margin scheme services where the bought-in services are performed both inside and outside the Community, and finally
• These Regulations come into effect on 1 January 2010.

A copy of the Regulations can be accessed on the Revenue website or purchased from the Government Publications Sales Office.