Temporary reduction in VAT rate to 9%
Finance Bill 2020 provides that the 9% rate of VAT applies from 1 November 2020 to 31 December 2021 to the following services:
- supply of restaurant and catering services
- guest and holiday accommodation
- entertainment services such as admissions to cinemas, theatres, museums, fairgrounds and amusement parks
- hairdressing and
- the sale of certain printed matter such as brochures, maps and programmes
The 9% rate applying to magazines and newspapers and to the provision of sporting facilities will remain unaffected.
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