Last week the chancellor announced a temporary cut in the VAT rate for certain supplies in the hospitality and tourism sector.
The standard 20% rate is being reduced to 5% from 15 July 2020 until 12 January 2021.
The reduced 5% VAT rate applies to:
Supplies of food an...
TAGS
charitiescharitytaxCommunity Interest CompaniesonlineSocial Enterprisecompanies houseMaking Tax Digitalsmall businessbusinesscash flowCIC accountingCIC impactenvironmentfundraisinggovernancegrantsguidanceimpact measurementimpact reportinginclusive workplacesindependent examinationnon-profitpayrollsocial impactsustainabilityTrustee ResponsibilitiesVATAsset Lockauditautism and employmentautumn statementbookkeepingbudgetCharities SORP 2026charity accountingCharity Accounting Rulescharity financecic financecommunitycommunity interest companycoronaviruscovid 19data-protectiondirectors paymentsdisabilitydividendsEquity and Inclusionethical accountingeventeventsfinancial confidenceFinancial Governancefinancial managementfinancial resiliencefraudfundingFunding Applicationsfurloughgift aidgovernmentGrant Writing Tipshospitailityidentityinclusive accountinginclusive recruitmentInnovate UKleadership resilienceLiving Wage Foundationlone workingmanagement accountsmarketingMeasuring Social ValueMinimum WagemobilityMTD ITSAnetworkingneurodiversityneurodiversity in the workplacePAYEpreventing burnoutpurpose led businessQuickBooksreceiptbankSelf Assessment Changessocial enterprise financesocial enterprise vs charitysocial mediastarting a social enterprisestory telling for social changetechnologytourismvolunteeringw4hwebinarwellbeing in social enterpriseWriting Strong Bidsxero