The travel agency scheme (Articles 28b–28l of the 1968 VAT Act) is a special VAT scheme for businesses that purchase travel services—transportation and accommodations—from third parties and resell them as part of a package. Instead of charging VAT on the full sales price, you calculate VAT only on the profit margin: the difference between what you invoice the customer and what you paid for the travel services.
The regulation applies not only to travel agencies but also to event agencies that organize incentive trips or travel packages. VAT must not be listed separately on the invoice, and the customer cannot claim the VAT as input tax.
Want to learn more about the travel agency policy for business events? Read our full article →