5% VAT extended for pubs and restaurants

Glasses

The VAT cut (from 20% to 5%) for the tourism and hospitality sectors has been extended from 12 January and will now end on 31 March 2021 

The reduced rate of 5% applies to: suppliers of food and non-alcoholic drinks from restaurants, pubs, bars, cafés and similar premises, supplies of accommodation and admission to attractions across the UK.

For more information please see the Government’s Winter Economy Plan

Share on facebook
Share on twitter
Share on linkedin
Share on email
Share on whatsapp

Other Insights

VAT on hospitality and setting your prices

The reduced VAT rate of 5% for the hospitality industry is due to end on 30 September 2021. It’s time for businesses to consider how this will impact their trade.

To prepare, we recommend that our clients: review their prices; prepare till systems for the change; save for their VAT bill; constantly monitor their business’ performance.

Read More »

Electric cars can save you tax

Imagine being stood in the car show room, wondering whether you should buy an electric car. You are busy considering which model will suit you best and the sales team start telling you about the many benefits of buying through the company.

Read More »

Super-deduction

You will be able to claim a deduction from your corporation tax bill if you invest in new productivity enhancing plant and machinery. The expenditure

Read More »

This website uses cookies to ensure you get the best experience on our website.