This week in the UK, the Chancellor Rishi Sunak announced even more temporary VAT cuts for the hospitality sector from mid-July, from 20% to 5% until early January.
Sounds great, right?
We scrutinise the scope of the rate changes and the ‘hands-on’ practicalities of implementing temporary changes.
Tom is Editor-in-Chief for Digital Content at Innovate Tax. With a background in content production and a degree in journalism, Tom instinctively keeps his ears to the ground for tax industry news and trends. Tom authors and produces many of Innovate Tax’s most popular recurring features, such as country-specific VAT infographics, industry updates and monthly VAT round-ups.
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