Change in VAT for the Hospitality and Leisure Sector as of April 1st

Change in VAT for the Hospitality and Leisure Sector as of April 1st

Change in VAT for the Hospitality and Leisure Sector as of April 1st During the COVID-19 pandemic, the government implemented reduced VAT rates to raise revenue and keep companies afloat. The following industries were affected by the decreased VAT rate: Hospitality Hotels and vacation rentals Specific attractions admissions The original…

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