What is it?
The Government will cut the rate of VAT applied on most tourism and hospitality related activities from 20% to 5% for six months, from 15 July 2020 until 31 March 2021 (extended from 12 January 2021).
Who is it for?
Everyone
How does it work?
This will be automatically applied to the eligible tourism and hospitality related activities.
What should I do next?
Enjoy a meal out if you feel able to.
Critchleys Clients: If you have specific questions, please contact your Critchleys Accountant directly.
First Published 9 July 2020
Last Updated 24 September 2020
24 September 2020
The Government will cut the rate of VAT applied on most tourism and hospitality related activities from 20% to 5% for six months, from 15 July 2020 until 31 March 2021 (extended from 12 January 2021).
9 July 2020
First published