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

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 »

March 2021 Budget

The 2021 budget delivered a number of new grants, extensions to most of the existing schemes and the promise of tax rises in the future.

Read More »

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