28.08.2012 - Tax changes in favor of UK event organisers
Where stand space is provided with accompanying services in the UK, this package – including stand and services – will no longer be seen as a supply of land and will therefore be more favorably taxed. Karim Halwagi, CEO of the Association of Event Organisers (AEO), comments: "I am delighted with this fantastic news, which represents a big win for our industry. The changes follow on-going discussions between the AEO and HMRC and I am thrilled to learn that HMRC have adopted and published these changes for the benefit of the UK exhibition industry". HMRC is a non-ministerial department of the UK Government responsible for the collection of taxes. After the European Policy Committee changed their instructions on the classification of exhibition stands, HMRC reacted and will no longer regard the supply of specific stand space at an exhibition or conference as a supply of land. Instead it will be taxed under the general place of supply rule as a customer l ocation when supplied to business customers. (wew) www.hmrc.gov.uk
Quelle: 15.8.2012 [UFI Newsletter]