tourism VAT

News

Budget 2024: key points for hospitality at a glance

06 March 2024 by

The hospitality industry has been left disappointed by this year’s Budget, which failed to deliver the hoped-for cut in VAT.

News

Gaucho introduces VAT-free lunch amid calls for VAT cut

05 March 2024 by

Argentine steakhouse chain Gaucho has revealed plans to serve a VAT-free lunch every Friday in March, starting from this week (8 March).

Hospitality industry warns more venues will close without a VAT cut News

Hospitality industry warns more venues will close without a VAT cut

08 August 2022 by

Hospitality operators hit by “horrendous” quarterly VAT bills have more warned venues will close unless the[...]

Calls to cut hospitality VAT as inflation hits new high News

Calls to cut hospitality VAT as inflation hits new high

18 May 2022 by

Hospitality and food industry leaders have called for a cut in VAT to help businesses survive[...]

Hospitality venues warn of steep price rises to combat VAT increase News

Hospitality venues warn of steep price rises to combat VAT increase

23 March 2022 by

Hospitality businesses have warned they will be forced to dramatically raise prices to combat a return[...]

MPs' inquiry recommends hospitality VAT remains at 12.5% News

MPs' inquiry recommends hospitality VAT remains at 12.5%

17 March 2022 by

An inquiry by a group of MPs has recommended that VAT for the hospitality and tourism[...]

Over 650,000 hospitality jobs lost in past year, with thousands more at risk News

Over 650,000 hospitality jobs lost in past year, with thousands more at risk

14 January 2021

The hospitality sector has seen an estimated 650,000 job losses in the past year, with a campaign group warning thousands more could be cut if the reduction in VAT is not extended past March.

Chancellor to introduce furlough scheme replacement and extend VAT cut News

Chancellor to introduce furlough scheme replacement and extend VAT cut

24 September 2020

Chancellor Rishi Sunak is expected to announce new schemes to protect jobs and prop up businesses as coronavirus restrictions further hamper hospitality operators' ability to trade.

Cross-party support voiced for long-term reduction in tourism VAT News

Cross-party support voiced for long-term reduction in tourism VAT

11 September 2020 by

UKHospitality has welcomed cross-party support for a long-term reduction in tourism VAT expressed in yesterday afternoon’s[...]

Could temporary VAT reduction boost campaign for permanent change? News

Could temporary VAT reduction boost campaign for permanent change?

16 July 2020 by

The tourism industry has long campaigned for reduction in VAT to boost its competitiveness with destinations[...]

Concerns chancellor's VAT break could be undermined by promises of price cuts News

Concerns chancellor's VAT break could be undermined by promises of price cuts

Just days after the industry welcomed the job-saving potential of the chancellor's VAT cut, operators have[...]

VAT cut and discount scheme welcomed by industry as chancellor gives it a 'fighting chance’ News

VAT cut and discount scheme welcomed by industry as chancellor gives it a 'fighting chance’

08 July 2020 by

Chancellor Rishi Sunak's decision to slash VAT for hospitality to 5% and introduce a "first of[...]

Jacobs Media is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.

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