As you will be aware the government temporarily reduced the VAT rate for certain areas of hospitality from 20% to 5% in July 2020. The 5% rate is coming to an end on 30 September 2021. The rate from 1st October 2021 will be a reduced rate of 12.5%, this will be in effect until 31 March 2022. At this point the standard rate will apply.

Further information and guidance can be found at

https://www.gov.uk/guidance/vat-reduced-rate-for-hospitality-holiday-accommodation-and-attractions

Should you require further help or guidance please feel free to contact either myself lisajeffery@ivybridgeaccountants.co.uk or Scott Ledger scottledger@ivybridgeaccountants.co.uk