If you’re a VAT registered business, check if you can temporarily reduce the rate of VAT on supplies relating to hospitality, accommodation, or admission to certain attractions.
The government have announced a reduction in VAT for hospitality, holiday accommodation and attractions. It is important for anyone in these sectors to be aware of how this will affect you. For full information visit the gov.uk website.
Or you can follow the direct sector links here
- Hotel and holiday accommodation
- Admission to certain attractions
- The Flat Rate Scheme
- The Tour Operators Margin Scheme
- Accounting for supplies that straddle the temporary reduced rate