New reduced VAT rate introduced in the UK for the hospitality sector

26 October 2021

The UK tax authorities have introduced a new reduced VAT rate on hospitality services of 12.5%.

The new rate replaces the temporary reduced VAT rate of 5%, which was introduced to help the UK hospitality sector recover from the impact of COVID-19. This new rate was introduced on 30 September 2021 and ends 31 March 2022 where the VAT rate will return to its original 20%.

Are you trading globally? Whether you require basic VAT advice or specific VAT compliance support, Fiscal Solutions can help. Our team of multi-lingual experts are knowledgeable in all the different VAT rules in Europe and around the world.

We help you simplify today’s complexities and address tomorrow’s challenges. The values we represent, and our consistent advice, mean you can trust Fiscal Solutions to do the right thing – for you and your organisation.

Get in touch

Let us solve your current business VAT challenges

CONTACT US
LATEST NEWS

Jersey to apply GST on e-commerce supplies from...

From 1 January 2023, Jersey has confirmed that it will impose a Goods and Services Tax (GST) on the sales of e-commerce goods and services made to consumers by...

SEE MORE
LATEST NEWS

Reminder: Ukraine to apply VAT on digital services...

From 1 January 2022, Ukraine will impose VAT at 20% on the sale of e-services to local consumers by non-resident businesses. At present, non-resident...

SEE MORE
LATEST NEWS

Latvia enacts EU reduced VAT agreement on e-books and...

From 1 January 2022, the Latvian tax authorities will reduce the VAT rate on electronic books and publications from the standard rate of 21% to 5%. This...

SEE MORE

Gated Content

The following email providers are not accepted: gmail, hotmail, yahoo. Please use proper company email.