5% reduced VAT rate for hospitality increasing on 1 October
Posted: 22nd Sep 2021 by Hunter Gee Holroyd Business Advice General, Taxation![](https://www.hghyork.co.uk/wp-content/uploads/2021/09/12.5-vat-v2-672x372.jpg)
From 1 October 2021 to 31 March 2022, the temporary reduced VAT rate for the hospitality sector will be increased from 5% to 12.5% and will then end so that affected supplies revert to 20% VAT from 1 April 2022. VAT registered businesses in the hospitality industry will need to ensure that their tills and… Read more