The Government have announced further deadline extensions for businesses to support them with the cost of living increases. 9% Reduced VAT Rate The 9% rate applies to supplies of goods and services in the tourism and hospitality sector and also includes cinema...
In 2020, the hospitality sector received a welcome boost with a reduced VAT rate of 9% to assist due to significant losses incurred during the pandemic. The 9% rate applies to supplies of goods and services in the tourism and hospitality sector and also includes...
From today, 01st March, the vat rate will revert back to 23%. Due to the pandemic, the VAT rate was reduced to 21% for 6 months. Unfortunately, the Government have confirmed this will not be extended and from 01st March, businesses need to now apply the 23% rate to...
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