The Isle of Man government has announced that it is extending the reduced VAT rate for hospitality, accommodation, and attractions to 31 March 2021, in line with the recently announced UK Winter Economy Plan. The reduced rate and its extension are provided in response to the COVID-19 pandemic. --- Isle of Man to mirror UK VAT changes The UK Government today announced that a reduction in the rate of VAT applied to hospitality, accommodation and attractions will now be extended until 31 March 2021. The reduction from 20% to 5% was originally planned to run for six months from 15...