Last week the chancellor announced a temporary cut in the VAT rate for certain supplies in the hospitality and tourism sector.

The standard 20% rate is being reduced to 5% from 15 July 2020 until 12 January 2021. 

The reduced 5% VAT rate applies to:

• Supplies of food and non-alcoholic drinks from restaurants, pubs, bars, cafés and similar premises across the UK.
• Supplies of accommodation and admission to attractions across the UK.
• Please visit the gov.uk website for more details about the changes announced.

Please visit the gov.uk website for more details about the changes announced.