Between 15 July 2020 and 12 January 2021, certain VAT registered businesses can apply a temporary VAT rate of 5% on food, accommodation, and tourist attractions. For most restaurants and bars, this includes:-
XERO VAT: Xero UK VAT change
The “Eat Out to Help Out” scheme was also announced in the “mini-Budget” to encourage consumers to spend at restaurants and cafes. The scheme is UK wide and customers will be able to see who is taking part on GOV.UK.
Operators can register here from 13 July 2020.
As previously announced, from 1 July 2020, CJRS v1 has been replaced with CJRS v2. Notable changes include: –