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Tourism and Hospitality - extension of temporary 5% rate to 31 March 2021

03 December 2020      Andrea Marshall, Tax Specialist

The temporary 5% reduced VAT rate will apply to tourism and hopistality until 31 March 2021 - not 12 January as originally planned.

The Chancellor announced this extension on 24 September and today HMRC has issued updated guidance that reflects the date change.  Andrea will update the BUFDG Guide, but in the meantime, here are the links to the updated guidance:

Food products (VAT Notice 701/14)

VAT on admission charges to attractions

VAT: reduced rate for hospitality, holiday accommodation and attractions

Catering, takeaway food (VAT Notice 709/1)

Hotels and holiday accommodation (VAT Notice 709/3)

Land and property (VAT Notice 742)



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