I have a question regarding the VAT rate.
Okay so my hotel was passing on the VAT rate reduction from 13.5%-9% on . But now that the Vat rate has gone from 21%-23%, does this mean that the hotel will reduce it by only 2.5% instead of 4.5%?
Sorry if this is a really stupid question, but am calling my hotel and just want to know for sure.
Thanks a mill Xxx
Different goods and services attract different rates of VAT and you can't offset a reduced VAT rate in one area against an increased VAT rate in other areas. Food and hotel accommodation is still at 9% but drink is now going from 21 to 23. So your final bill should show two rates of VAT being charged.
Thanks so much for your help
Also just so you are aware, corkage attracts the higher VAT rate of 23% as well.
Wedding Cars Ireland
Also, 'wedding cars services' (and chauffering in general), attract zero rate VAT, just in case some supplier tells you otherwise!