Early in the COVID-19 pandemic, the Chancellor reduced the rates of VAT for the leisure and hospitality sector to just 5%. That reduced rate applied from 15 July 2020 until 30 September 2021 when the rate was increased to the current 12.5%. However, the rate is scheduled to revert to the normal 20% rate from…
Category Archives: Tourism
08
Jun
Jun
There’s a lot of uncertainty in the tourism industry about what business will look like when lockdown ends. Whilst most tourism businesses are keeping their doors shut for now, it currently looks like many tourism businesses will start to get the go ahead from the Government, to open their businesses from 4 July 2020. Some…
Blog, Business News, Tourism
The effect of Brexit on recruitment in the UK tourism industry, and how you can prepare
16
Jan
Jan
The tourism industry is vital to the UK economy. Tourism is a major contributor to employment across the country, working hand in hand with a number of different industries from entertainment to travel to retail. Visit Britain estimates that by 2025, the UK will have a tourism industry worth over £257 billion. That being said,…
