Travel ERP Mid-Office

Feature · TOMS / VAT

VAT on the margin, not on the gross.

For tour operators selling as principal in the UK and EU, VAT applies only to the margin between sale and supplier cost. We do that math automatically — including the in-EU vs out-of-EU split.

How TOMS works in the platform

When a booking item is flagged tax_scheme = 'toms' and the booking is principal, the platform:

Sums sale and cost per booking
Determines supplier jurisdiction per item (in-EU or out-of-EU)
Computes margin for each component separately
Applies the TOMS VAT rate only to the in-EU margin
Writes a row to toms_margins for the reporting period
Posts the VAT to 220100 (separate from standard 220000)

Multi-jurisdiction tax engine

Beyond TOMS, the platform supports:

Standard VAT — output and input, per-line, per-jurisdiction
Reverse-charge VAT — for cross-border B2B supply
GST / HST — Canada, Australia, NZ, Singapore
Withholding tax — for supplier payouts where required
State / city tourism taxes — US per-state, EU city levies
Airline tax parsing — separating YQ/YR/XT/etc from the base fare

What you get

Automatic TOMS margin calculation per booking
In-EU vs out-of-EU split with supplier-country detection
Separate GL account for TOMS VAT, for reporting clarity
Quarterly margin scheme audit report
Multi-jurisdiction tax engine for every other regime
Airline tax parsing for BSP-issued tickets
Reverse-charge and withholding workflows

Validate against your TOMS returns