MoneySavingExpert News

VAT

VAT cut to 5% for hotels and restaurants – but will you get a discount?

VAT has been temporarily cut from 20% to 5% for hospitality and tourism businesses, and a number of big chains including McDonald's and Nando's are slashing prices as a result. But businesses don't have to pass on the tax cut to customers – we've full info below on what the change means for you

15 July 2020

US firm demands VAT on apps bought up to two years ago - you DON'T have to pay

Had an email asking you to pay VAT on a past purchase from Squirrels? You don't have to

13 September 2017

Boost for airport shoppers as 'tax rip-off' review set for take-off

The Government has launched a review into airport retailers not passing on VAT discounts to shoppers

31 December 2015

Don't show boarding cards unless airport retailers pass on tax discounts, says Martin Lewis

The Treasury has called on shops to make sure they pass on tax savings to customers who buy goods at the airport

12 August 2015

Queen's Speech 2015: Taxes to be frozen for five years

Measures to ban income tax, VAT and national insurance rises over the next five years have been announced by the Queen

27 May 2015

EE refunds £1m after mistakenly charging VAT on non-EU data

Thousands of EE and T-Mobile customers are sharing a £1 million refund after being charged incorrect VAT rates

20 January 2015

Shopping outside the EU this Christmas? Beware of hidden fees

If you're looking for a bargain Christmas gift abroad make sure you factor in customs duty and VAT, warns HMRC

3 December 2014

Hotel chains not showing full prices with taxes

Nearly half major hotel chains in the UK are breaching regulations by not including VAT in headline prices, says Which?

30 August 2012

Inflation dives as economy put on 'negative outlook'

Hard-pressed families felt some relief last month as official figures revealed the rate of inflation fell to its lowest level in just under two years

14 February 2012