Eventim uk vat

EVENTIM UK – VAT: reduced rate for hospitality, holiday accommodation and attractions

What is it?

On the 8th July, the UK government announced that it would introduce a temporary VAT reduction for certain supplies of hospitality, hotel and holiday accommodation, admission to attractions and concerts. The reduction in VAT would take the current 20%, down to 5% from the 15th July to the 12th January 2021.

Who does it affect?

Admissions to the following attractions (that are not already eligible for the cultural VAT exemption) and can take advantage of this tax relief programme are: theatres, circuses, fairs, amusement parks, concerts, museums, zoos, cinemas, exhibitions and similar cultural events and facilities. If you are unsure of your status please visit the UK Government website for further details.

What is EVENTIM doing to help?

All of our ticketing platforms have been amended to account for the 5% VAT rate, which includes system generated reports, bespoke reports and reports via data feeds, ensuring our clients have the most accurate and precise reporting to reflect the pre and post VAT change rates. All our venues have been updated and will report, where applicable, the new reduction in VAT.

I need more help – help!

For further information, please visit the UK Government website by clicking here.

If you have any questions about your events and wish to speak with the Account Management team, please email us by clicking here.

Disclaimer

This is a brief explanation for information purposes only and is general and educational in its nature. The guidance does not intend to constitute tax, or legal advice for any specific situation or a definitive or complete statement of the law on any subject. The guidance may not reflect or include all recent developments and may not apply to all the specific facts and circumstances. EVENTIM does not undertake any obligation to consider whether the information provided in this guidance is sufficient or appropriate for any particular circumstances. You shall seek separate tax, or legal advice where necessary.