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ABPCO to help association planners unravel VAT

Association plans second roundtable discussion to address the impact of VAT and pitfalls to avoid

Pictured: ABPCO association director Heather Lishman

The complexities of VAT and how it applies to association conferences will be addressed in a second industry roundtable discussion.

Members of the Association of British Professional Conference Organisers (ABPCO) have already debated the VAT’s impact on key audiences and the pitfalls to avoid when dealing with the tax man. Now another roundtable is now in the pipeline to help associations and PCOs unravel the subject.

“VAT is perhaps not the sexiest of subjects but it’s a key part of business and our day to day lives in this industry,” said Heather Lishman, ABPCO’s association director. “The fact is we could have kept talking for hours about this subject so there is a clear necessity to introduce another VAT roundtable into our calendar of events because of the value it holds for our PCO and Associate members.”

With VAT expert David Bennett, director of Elman Wall Bennett, on hand, the initial roundtable addressed issues including: 

When does VAT have to be applied and when should it be taken out of the equation?
How does VAT – or NO VAT – impact on key audiences, e.g. sponsors, delegates from the UK and overseas, partner societies?
VAT and charitable status – what are the rules?
What is TOMS, when and how does it need to be used and what is its effect?
10 pitfalls to avoid in dealing with the VAT man

Sarah Byrne, director at Mosaic Events, said: “VAT for event organisers can be a complete nightmare when considering things like TOMS (Tour Operator Margins Scheme), however it was a great opportunity to share case studies and tips with other PCO’s as well as gain insight from an expert at Elman Wall." 

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