Caravan and campsite boost: Rishi Sunak slashes VAT by five percent for caravan parks

Rishi Sunak made the announcement in the Commons today in a move to help rescue thousands of job in the struggling travel and tourism sector. Mr Sunak said: “Today I am announcing two new measures to get sectors moving and protect jobs.


  • VAT TAX CUT: Rishi Sunak cuts VAT from 20% to 5% for entertainment …

“First, at the moment VAT on hospitality and tourism is charged at 20 percent.

“I’ve decided for the next six months to cut VAT on food, accommodation and attractions.

“Eat-in or hot takeaway food from restaurants, cafes and pubs, accommodation in hotels, BnBs, campsites and caravan sites, attractions like cinemas, theme parks and zoos – all these and more will see VAT reduced from next Wednesday until January 12 from 20 percent to five percent.

“This is a £4billion catalyst for the hospitality and tourism sectors benefitting over 150,000 businesses and consumers everywhere, all helping to protect 2.4 billion jobs.”

More to follow…


  • Camping & caravan holidays: Expert warns not to visit some places

Source: Read Full Article