top of page
  • Farrell & Farrell

UK: Reminder - New 12.5% Hospitality VAT rate from 1 October

The UK temporary reduced rate of 5% VAT for the tourism and hospitality sector will cease on 30 September 2021.


From 1 October 2021, the UK government will introduce a new reduced 12.5% rate of VAT for hospitality, holiday accommodation and attractions which will apply for the 6-months from 1 October 2021 until 31 March 2022. Thereafter the 20% normal standard VAT rate will be reinstated from 1 April 2022.





11 views0 comments

Recent Posts

See All

Tax Adviser Vacancy

#FarrellAndFarrell #crossbordertaxadvisors #crossborder #taxadvisors #uktaxadvisors #roitaxadvisors #accountantcountydown #accountantnearme #newryandmourne #qualifiedtaxadviser #wearehiring

UK: Interest rates will remain unchanged

The Bank of England has today confirmed that interest rates will remain unchanged at 5.25% as expected, despite a decrease in inflation.  The decision marks its fifth pause in a row, with the Monetary

EDIT: HMRC U-turn on plans to cut access to helplines

HMRC have just announced that further to feedback, they are now halting plans to restrict access to the self-assessment, VAT and PAYE helplines as announced only yesterday while they engage with stake

Comments


bottom of page