VAT Rate Reduction for Hospitality, Holiday Accommodation and Attractions to Change on 30/09/2021
The reduced VAT rate of 5% ceases on 30th September 2021. Following this, an interim rate of 12.5% will be in place for a further six months with the standard rate of 20% returning in April 2022.
For the full details including the Flat Rate Scheme, The Tour Operators Margin Scheme, Retail Schemes and Accounting for supplies that straddle the temporary reduced rate, please see the Government Guidance https://www.gov.uk/guidance/vat-reduced-rate-for-hospitality-holiday-accommodation-and-attractions
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