Day: 2 October 2020

Finance

UK extends cut in hospitality and tourism VAT to 5% till 31 Mar 2021

The UK has cut the reduced Value Added Tax on hospitality services from the current 20% standard rate to the reduced rate of 5% on 8 July 2020 in the Chancellor’s economic update. The measure will be in place from 15 July 2020 until 12 January 2021, this has now

read more