The Chancellor announced a 6 month reduction in the VAT rate on supplies and non-alcoholic drinks from restaurants, pubs, bars and cafés, and supplies of accommodation and admission to tourist attractions.

The rate cut from 20% to 5% came in to effect on 15 July 2020 and will be in place until 12 January 2021 to help support businesses and jobs in the hospitality sector, across the UK.

Look out for further guidance which is due to be published by HMRC.