Updated on May 21, 2022
For the leisure and hospitality sector, the VAT rate has been restored to the regular rate (now 20%).
VAT was temporarily decreased from 20% to 5% in the hospitality, hotel, and leisure sectors in July 2020, including on admission fees to specific sites.
This VAT reduction was implemented in reaction to the pandemic’s economic crisis and to increase client demand.
The Chancellor announced a second extension to the relief in Spring 2021, extending the 5% VAT rate until September 30, 2021. The VAT rate was raised to 12.5 percent on October 1, 2021, and remained there until March 31, 2022.
If you have any questions regarding the end of the temporarily reduced VAT rate, please contact Sandy Cochrane.
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