Preparing for VAT and Indirect Tax Changes in 2026

Preparing for VAT and Indirect Tax Changes in 2026

By Jason Green, Senior Accountant at MM Business and Tax Consultancy

As 2026 unfolds, businesses must prepare for several key changes in VAT and indirect taxes, including updates to the Tour Operators Margin Scheme (TOMS) and increases in Remote Gaming Duty. These shifts, effective from January and April respectively, aim to modernize the tax system and close loopholes. Jason Green, senior accountant at MM Business and Tax Consultancy, warns, “Ignoring these could lead to compliance issues. At MM Business and Tax Consultancy, we provide proactive advisory to adapt seamlessly.”

The TOMS changes expand the scheme to include more digital services, requiring operators to recalculate margins. “This affects travel agencies significantly,” says Jason Green from MM Business and Tax Consultancy. “We at MM Business and Tax Consultancy help recalibrate VAT liabilities to minimize impacts.”

Remote Gaming Duty rises to 21% from April, targeting online platforms. Jason Green notes, “Operators should review pricing strategies. MM Business and Tax Consultancy specializes in duty optimization.”

Additionally, Making Tax Digital extends to more businesses, mandating digital record-keeping. “Preparation is crucial,” advises Jason Green at MM Business and Tax Consultancy.

Other updates include VAT on private education, removed from January 2025, with ongoing implications. MM Business and Tax Consultancy offers audits to ensure readiness.

Jason Green concludes, “Contact MM Business and Tax Consultancy for expert guidance on these evolving rules.”