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Chancellor's summer statement includes reduction of VAT to 5% for hospitality and launch of the Eat Out to Help Out Scheme (gov.uk)

08 Jul 2020

Chancellor's summer statement includes reduction of VAT to 5% for hospitality and launch of the Eat Out to Help Out Scheme (gov.uk)

The rate of VAT applied on most tourism and hospitality-related activities will also be cut from 20% to 5%. This will save households around £160 per year on average and, together with the Eat Out to Help Out Scheme, will support over 2.4 million staff at over 150,000 businesses, helping them recover and reopen after the Covid-19 lockdown.
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