25 April 2023| CATEGORIES: VAT-free shopping| TAGS: tourism, VAT-free
Businesses are once again lobbying the government to re-introduce tax-free shopping for tourists. 90 business leaders have signed a letter to the Chancellor Jeremy Hunt warning of the effects the withdrawal of the scheme in 2021 is having on the UK economy.
3 March 2021| CATEGORIES: Budget, VAT rates| TAGS: Budget 2021, hospitality, tourism, VAT rate cut
On 3 March 2021 Chancellor Rishi Sunak delivered Budget 2021. Most of the Budget measures were targeted at addressing the fall out from the COVID-19 pandemic, including extending the VAT rate cut for the hospitality and tourism sectors.
10 July 2020| CATEGORIES: VAT rates| TAGS: Covid measures, hospitality, tourism, VAT rate cut
On 8 July Rishi Sunak announced a targeted temporary VAT rate cut for the UK hospitality and tourism sectors. HMRC has now published further guidance on the measure, available here.
8 July 2020| CATEGORIES: VAT rates| TAGS: Covid measures, hospitality, tourism, VAT rate cut
In his Plan for Jobs speech today Rishi Sunak, the Chancellor of the Exchequer, announced a temporary VAT rate cut for the UK hospitality and tourism sectors to aid recovery following the COVID-19 pandemic.
