Sunak cuts VAT for hospitality and tourism
Video Credit: ODN - Duration: 02:13s - Published
Sunak cuts VAT for hospitality and tourism
Chancellor Rishi Sunak has announced he’s cutting VAT from 20% to 5% for the hospitality and tourism sectors until January 2021.
In a further attempt to get the sectors moving, the chancellor announced there will be a 50% discount for people dining out on Monday to Wednesday at participating establishments.
Report by Browna.
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![UK Chancellor Rishi Sunak slashes VAT on tourism and hospitality from 20% to 5% until January [Video]](https://video.newsserve.net/300/v/20200708/1308972261-UK-Chancellor-Rishi-Sunak-slashes-VAT-on-tourism.jpg)
