The Reduced Rate of VAT to End on 1 April 2022 The government originally announced a temporary discount rate for the hospitality industry in July 2020 as one of several measures designed to help certain business units during a pandemic. With further announcements, the VAT rate of 5% has been extended to 12.5% for a period on 1 October 2021 and then back to 20% on https://advantaxaccountants.co.uk/reduced-rate-of-vat-2022-uk/