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HMRC has issued an updated version of VAT Notice 709/3 entitled 'Hotels and holiday accommodation'. The notice has been updated to reflect the change in the reduced rate of VAT for tourism and hospitality to 12.5% from 1 October 2021 to 31 March … Continue reading VAT Update For Hotels & Accommodation
Temporary measures that have given a huge boost to high streets and hospitality during the pandemic could be made permanent following a public consultation launched in September 2021. From marquees being put up in pub grounds, to street … Continue reading Great News For Hospitality – Alfresco Here To Stay
The temporary 5% VAT rate that has applied to supplies made in the tourism and hospitality sector since the start of the pandemic comes to an end at the end of September. The rate then increases to 12.5% from 1 October until 31 March 2022 when it … Continue reading 5% VAT Rate For Hospitality & Tourism Is Set To End
An introduction to VAT Value Added Tax, (VAT) is the tax you have to pay when you buy goods or services. The standard rate of VAT in the UK is 20%, with about half the items households spend money on subject to this rate, but following Rishi … Continue reading A Guide: VAT Reduction For Hospitality and Tourism
