What is the difference between vat 4 and 12.5

Share on Facebook Share on Twitter Share on linkedin. Get ready for the new All businesses claiming VAT back on travel or staff entertainment need to be aware of the new What do I need to do to prepare for the new A quick reminder of the scope of the reduced rate of VAT Hospitality — food and non-alcoholic beverages consumed on the premises, hot takeaway food and hot takeaway non-alcoholic drinks Accommodation — hotels and similar establishments, caravan pitches, tent pitches, holiday cottages and similar Attractions — cinemas, theatres, amusement parks, zoos, exhibitions and other similar attractions.

Please select at least two territories for comparison. Select territories to filter Select all Unselect all. Albania Last reviewed 29 June Algeria Last reviewed 08 June Angola Last reviewed 24 June Argentina Last reviewed 18 August Armenia Last reviewed 29 June Australia Last reviewed 30 June Austria Last reviewed 15 June Azerbaijan Last reviewed 18 August Bahrain Last reviewed 25 July Barbados Last reviewed 05 August Belarus Last reviewed 30 May Belgium Last reviewed 15 July Bermuda Last reviewed 14 July Bolivia Last reviewed 08 July Bosnia and Herzegovina Last reviewed 25 February Botswana Last reviewed 29 September Brazil Last reviewed 03 August Bulgaria Last reviewed 21 July Cabo Verde Last reviewed 26 August Cambodia Last reviewed 29 July Cameroon, Republic of Last reviewed 03 August Canada Last reviewed 18 June Cayman Islands Last reviewed 03 August Chad Last reviewed 03 August Chile Last reviewed 31 July China, People's Republic of Last reviewed 25 June Colombia Last reviewed 17 August Congo, Democratic Republic of the Last reviewed 20 July Congo, Republic of Last reviewed 18 August Costa Rica Last reviewed 24 August Croatia Last reviewed 30 June Cyprus Last reviewed 28 July Czech Republic Last reviewed 08 July Denmark Last reviewed 29 September Dominican Republic Last reviewed 20 July Ecuador Last reviewed 02 July Egypt Last reviewed 26 May El Salvador Last reviewed 30 June Equatorial Guinea Last reviewed 20 July Estonia Last reviewed 19 August Eswatini Last reviewed 21 July Fiji Last reviewed 08 June Finland Last reviewed 30 June France Last reviewed 07 May Gabon Last reviewed 25 August Georgia Last reviewed 12 July Germany Last reviewed 30 June Ghana Last reviewed 29 July Standard rate scheme: Under the flat rate scheme this is the CHRL: 1.

Gibraltar Last reviewed 30 June Greece Last reviewed 15 August Greenland Last reviewed 27 May Guatemala Last reviewed 28 May Guernsey, Channel Islands Last reviewed 01 July New VAT rate of Fourth rate.

The absence of anti-forestalling legislation is intended to help the hospitality industry with cash flow. Businesses that left the flat rate scheme in July might want to rejoin in October or April next year.

Only subscribers may read the full article. Remember me. Issue: Download the exclusive Vertex free report here.