06/10/2026
Budget 2026: What could it mean for hospitality businesses?
With the 2026 Budget taking place on 28 October, hospitality businesses will be watching closely for any changes that could affect their costs, cash flow and profitability.
The sector is currently calling for action in four key areas:
๐ VAT โ a proposed reduction in hospitality VAT from 20% to 10%
๐ Business rates โ further support following the 2026 revaluation
๐ Employer National Insurance โ increasing the secondary threshold to ยฃ10,000 by April 2029
๐ Tourism taxation โ changes to how tourism-related investment is funded
These are industry proposals, not confirmed Budget measures, so businesses should avoid making financial decisions based on changes that have not yet been announced.
In the meantime, hospitality businesses can prepare by reviewing their cash flow, staffing costs, business rates and VAT position.
We've taken a closer look at the key issues and what hospitality businesses should be watching ahead of the Budget.
๐ Read the full article on our website: https://www.stylesandassociates.co.uk/post/budget-2026-what-could-it-mean-for-hospitality-businesses