Today the Chancellor, Rishi Sunak, announced a VAT reduction from 20% to 5% on the following business activities: any eat-in or hot takeaway food and drinks from restaurants, cafes and pubs, excluding alcohol; all holiday accommodation in hotels, B&Bs, campsites and caravan sites and attractions like cinemas, theme parks and zoos.
The reduction is valid from 15 July until 12 January 2021.
PAYadvice.UK 8/7/2020
