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Temporary VAT reduction: What do diversified farm businesses need to know?

Diversified farm businesses affected by the Chancellor’s announcement on temporary reductions to VAT need to make a business decision of whether they pass on the savings to customers, have better margins or meet somewhere in the middle

Alex Black
clock • 3 min read
Farm parks are just one of the attractions where VAT will be cut this summer
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Farm parks are just one of the attractions where VAT will be cut this summer

Farms with farm parks, open farms, petting zoos and anything where they change VAT on the entrance fee would be affected by the temporary reduction over the summer as announced by Chancellor Rachel Reeves...

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