The changes include:
- A new definition of "package", which is likely to capture many more holiday arrangements.
- Removal of the Flight-Plus concept, as most Flight-Plus arrangements will become packages.
- Sales to customers in other EEA countries now need to be included and reported on your ATOL.
- New exemptions for certain businesses selling to corporate clients.
We've designed this checklist to give you an overview of the changes, and to help you work through what you need to do to get ready.
There is no need to panic as the CAA are giving ATOL holders until 1 October 2018 to make all the necessary updates to their websites and paperwork. Some of the changes have even been deferred to April 2019 (these have been highlighted in the checklist where relevant).
However the updated ATOL Regulations will be law from 1 July 2018 and the CAA has also confirmed they may still take action against companies who make no visible attempt to comply, so you should probably get started now!
Of course a checklist can never be exhaustive or suitable for every case and this one should be used as a guide only. As always there is no substitute for professional advice, tailored to your business so feel free to get in touch if you have any specific questions!
If you need to get in touch with us on- our new website www.thettc.co.uk- email firstname.lastname@example.org or- phone 0208 853 3700