Tag: Franchise Operators
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VAT Cut for Hospitality: What the July 2026 Reduction Means for Businesses
Overview of the VAT Cut for Hospitality In a move expected to ease pressures on the hospitality sector, the government has agreed a VAT reduction for eligible hospitality businesses, set to take effect from July 2026. The rate will fall from 13.5% to 9%, providing a potential savings boost for operators and, indirectly, for consumers.…
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VAT Cut for Hospitality Industry Takes Effect in July 2026
New VAT Cut for Hospitality: Key Details The government has agreed to a VAT reduction for the hospitality sector, set to take effect from July 2026. The move forms part of the Budget package announced on Tuesday as ministers push ahead with measures designed to ease living costs and support businesses. Under the plan, eligible…