The travel agency scheme (art. 28b-28l Wet OB 1968) is a special VAT scheme for companies offering travel services. They buy in transport and accommodation from external parties and resell them as part of a package. Instead of VAT on the full sale price, you charge VAT only on the profit margin. That's the difference between what you invoice the client and what you paid yourself for the travel services.
The scheme applies to both travel agencies and events agencies that put together incentive trips or travel packages. VAT may not be listed separately on the invoice, and the client cannot reclaim the VAT as input tax.
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