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Temporary VAT rate reduction to 5% for the hospitality and leisure sector

  • GB
  • July 09th 2020
  • By Mark Cranwell

On Wednesday 8 July 2020, the Chancellor of the Exchequer, Rishi Sunak MP, announced that the VAT rate applied to certain supplies in the hospitality and leisure sector will be reduced from 20% to 5% from 15 July 2020 to 12 January 2021.

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