Live Commentary
Budget 2021

Welcome to our live Budget 2021 commentary. This will be followed up by further analysis straight after the event on our insights page.

Becky- VaT

The temporary reduction in the VAT rate for the hospitality and leisure sector has been extended again by six months to end on 30 September 2021.

A new 12.5% rate for the sector will then be introduced for six months to 31 March 2022. This will be welcome news to many businesses in the sector as they look to reopen in the weeks ahead.

Becky Hayes - Indirect Tax Director

Posted: 3/03/21 1:01 PM

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