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Here we keep you up to date on all things RfM and the latest from the world of business and accountancy.

 
Home 5% VAT

The temporary 5% VAT rate ends soon – are you ready?

coronavirus help for hospitality sector

Last summer, Chancellor Rishi Sunak introduced a temporary 5% VAT rate as part of a package of measures to support the hard-hit hospitality and tourism sector. As trade slowly starts to return to normal, VAT will increase to 12.5% from 1 October before reverting to the usual 20% next April. If you’ve not already done so, you should prepare for the change now.

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latest news

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  • Remortgaging: Get off the interest rate rollercoaster with our ‘Mortgage Watch’ scheme
  • Fun on the green with our wellbeing team
  • Covid support scheme payments still on HMRC’s radar
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Recent Posts

  • Using a Will Trust to protect your estate from care home fees
  • No looking back for fledgling business Heritage Rail
  • Remortgaging: Get off the interest rate rollercoaster with our ‘Mortgage Watch’ scheme
  • Fun on the green with our wellbeing team
  • Covid support scheme payments still on HMRC’s radar

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