The UK hospitality sector has been adversely affected by the Covid restrictions. An industry with 2 million employees has seen 1.4 million of them furloughed.
To kickstart this from July 15 until January 12 next year VAT will be reduced from 20% to 5% for the Hospitality & Tourism industries. This includes on:
– Accommodation; hotels, B&B’s, campsites, carvan sites
– Catering, i.e, eat-in & hot take away food from café’s, restaurants and pubs
– Attractions, themeparks, cinemas and zoos
– & More, presumably museums, theatres and music venues to (although still closed, but there are plans to allow open air events)
Source
Latest Posts in "United Kingdom"
- Littlewoods Wins VAT Input Tax Appeal on Product Photography Costs for Online Retail Sales
- HMRC Withdraws Linked Goods VAT Concession; No Change to Policy or Compliance Obligations
- Economic Reality Prevails Over Contractual Form in VAT Dispute with HMRC
- HMRC Policy paper Revenue and Customs Brief 1 (2026): Removal of linked goods concession
- UK Reduces Late Payment and Repayment Interest Rates














