5 October 2020
The UK tax authorities have confirmed that the temporary VAT rate cut on hospitality services, from the standard rate of 20% to the reduced rate of 5%, will be extended to 31 March 2021.
It is hoped that by extending this cut, it will help to support the UK hospitality sector, which has been badly hit by the coronavirus pandemic.
This cut applies to catering, restaurant and cafe services, accommodation, and admission to attractions. It does not apply to the sale of alcoholic drinks, which remain at the standard rate of 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.
LATEST NEWS
Welcome to our new VAT Compliance Director, Amar...
We are pleased to announce the appointment of Amar Kanabar as VAT Compliance Director, strengthening our commitment to invest in global compliance capabilities...
SEE MORE
LATEST NEWS
Belgium introduces three-month tolerance period for...
Belgium’s mandatory business‑to‑business e‑invoicing regime came into effect on 1 January 2026, with the authorities granting a three‑month...
SEE MORE
LATEST NEWS
France provides list of authorised agents for...
France’s central public finance authority (DGFiP) has published a list of approved e‑invoicing platform agents that French businesses may appoint ahead of...
SEE MORE