UK VAT rate reductions – is there more than meets the eye?

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.

Interest piqued?

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