Key points
- Some businesses have to do manual invoices to deal with both support schemes.
- Problems setting up till to manage 20% and 5% rates of VAT.
- Eat out to help out mix up on two orders by one person.
There are two big advantages with a ‘staycation’ holiday in the UK: there is no need to worry about overseas quarantine rules and there are plenty of chances to see how hotels restaurants and bars are dealing with the practical issues of the chancellor’s eat out to help out scheme and the 5% VAT rate cut. The former gave a 50% discount on food and non-alcoholic drink supplied in cafes and other venues up to a limit of £10 a diner on Mondays to Wednesdays during August. The discount is claimed by the venue from HMRC. Inevitably I could not resist the opportunity to see how things were...
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