New VAT rate for hospitality and leisure
To help the hospitality and leisure industries recover from the impact of the COVID-19 pandemic and associated lockdowns, a reduced…
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Reduced rate of VAT for hospitality sector
To support businesses and jobs in the hospitality sector, the reduced (5%) rate of VAT applies to supplies of food…
More detail on VAT rate cut for hospitality
Following the Chancellor’s Summer Statement, HMRC has issued guidance on the application of the temporary 5% reduced rate of VAT to support the…
VAT cut in bid to support hospitality sector
VAT on eating out, accommodation and tourist attractions will be cut to 5% to help the UK’s hospitality sector recover…
Summer Statement serves up jobs-first package
The Chancellor’s Summer Statement put forward a plan for jobs, green investment and a variety of targeted tax cuts, but…
Coronavirus – support for businesses
Coronavirus – support for businesses Both the Welsh and UK Governments have announced support for businesses hit by Coronavirus: Below…