The temporary 5% rate applies to the following supplies, but is not an exhaustive list:
- Catering, including hot takeaway food
- Accommodation in hotels, guest houses and similar places
- Tourist attractions such as theme parks, zoos, theatres and cinemas
Note that as far as catering is concerned, the 5% rate only applies to food and non-alcoholic drinks. The 20% rate continues to apply to alcoholic drinks.
Please contact us if you are unsure as to whether the 5% rate applies to any of your supplies.
Need more information?
Do you need further guidance on the 5% temporary VAT rate? We offer a wide range of services for the hospitality industry and work with many hotel and restaurant clients. Our team work hard to ensure they create smart and effective tax-efficient solutions for start-ups to optimise growth and help them succeed. If you want to learn more about how the team can help or simply want some start-up advice from a trusted accountant do hesitate to contact us. For more information please do hesitate to contact us on 0161 962 1855. Alternatively you can email us using the form below and we will contact you as soon as possible.
Our fantastic team at A&C Chartered Accountants are here to help.