Value Added Tax: Guidance on the temporary reduced rate of VAT for hospitality, holiday accommodation and attractions
Further information on the temporary reduced rate of 5% VAT for the hospitality industry, holiday accommodation and on admission charges to attractions announced yesterday has now been released.
A reduced rate of 5% for holiday accommodation already exists in the Isle of Man.
Details of the measures can be found in the following publications or by contacting the Advice Centre on 648130 or at customs@gov.im :
Revenue and Customs Brief 10 (2020): temporary reduced rate of VAT for hospitality, holiday accommodation and attractions.
VAT on admission charges to attractions
VAT Notice 709/1: Catering, takeaway food
VAT Notice 701/14: Food Products
