Does the 5% VAT reduction mean dropping admissions and food & drink prices?
No, you do not need to pass this reduction on to your visitors prices, meaning you can keep the current advertised prices and retain some financial benefit.
So there you have it, a quick overview into what the 5% VAT for hospitality sector means. Remember this is just guidance, to confirm if your attraction is eligible and for more information visit the gov.uk/guidance website.
VisiSoft are the UK’s number 1 EPOS and ticketing platform for visitor attractions, if you’re re-opening your park, museum or farm and looking for an EPOS provider that supports and grows with you, look no further than VisiSoft.
Find out more about the industries we look after and our all in one EPOS, ticketing and reporting solution here.