Chancellor Rishi Sunak has cut VAT to just five per cent on food and non-alcoholic drinks at restaurants to help businesses clobbered by the lockdown.
But booze still has a whopping 20 per cent VAT rate.
Source: thesun.co.uk
Latest Posts in "United Kingdom"
- HMRC Updates VAT Recovery Rules for Defined Benefit Pension Schemes
- Construction Firm VAT Fraud Appeal Partly Allowed, Penalty Cancelled
- Stellantis Portugal: Transfer Pricing’s VAT and Customs Implications
- Charity VAT Recovery: Partial Exemption and Key Reliefs Explained
- UK Tribunal Clarifies VAT Liability on Amazon Marketplace Sales














