HMRC reminds restaurants and takeaways of VAT obligations on hot food
HM Revenue & Customs (HMRC) has recently issued letters to restaurant and takeaway businesses across the country, emphasising the importance of correctly applying VAT on hot food.
Big hitters to join key conference on the hospitality sector
The future of the hospitality industry will be in the spotlight next month when politicians and the movers and shakers in the industry come together for a key conference.
New initiative helps to make the most of the pavement cafe culture
The move by the Government to make pavement licences permanent presents an opportunity for the hard-pressed hospitality industry.
Steep price rise warning as hospitality businesses yet to receive Omicron funding
The hard-pressed hospitality industry is facing some difficult choices after the temporary cut in VAT to 12.5 per cent reverted to the full 20 per cent. It will result in double-digit price increases for consumers as operators struggle to survive, leading industry body UKHospitality says.
Getting the data right is key to growth in hospitality
Hopes that the temporary VAT cut for hospitality would be extended were dashed in Chancellor Rishi Sunak’s Spring Statement this week.
Huge majority back move to keep hospitality VAT at 12.5 per cent
The British public is overwhelmingly in support of the temporary 12.5 per cent rate of VAT for hospitality being retained.