VAT has been temporarily cut from 20% to 5% for hospitality and tourism businesses, and a number of big chains including McDonald’s and Nando’s are slashing prices as a result. But businesses don’t have to pass on the tax cut to customers – we’ve full info below on what the change means for you
MoneySavingExpertVAT cut to 5% for hotels and restaurants – but will you get a discount?
July 14, 2020by Jay Shah