13 Jul 2020
Eat Out Scheme - Registrations Now Open
As part of his Summer Statement, Chancellor Rishi Sunak announced the Eat Out to Help Out scheme which seeks to support the restaurant industry and their staff. Those in the hospitality industry can register for the scheme from today.
What is the Eat Out to Help Out scheme?
The scheme offers diners 50 per cent off meals during August, Monday-Wednesday with the discount capping at £10 per head. The programme will include food and non-alcoholic drinks and will apply to both adults and children.
The scheme is expected to bolster the UK’s £130bn hospitality industry, which is the country’s third largest employer and represents nine per cent of all the country’s jobs.
The registration process for the “Eat Out to Help Out” scheme has been launched today and is being administered by HMRC. The details can be found here.
Who qualifies?
Establishments that can qualify will be those who sell food for immediate consumption “on premises” and can include:
- Restaurants
- Cafés
- Public houses that serve food
- Hotel restaurants
- Restaurants and cafes within tourist attractions, holiday sites and leisure facilities
- Dining rooms within members’ clubs
- Workplace and school canteens
Beyond the obvious establishments such as restaurants, pubs, hotels and cafes in our region there will be organisations such as Community Amateur Sports Clubs, cafes in charitable facilities, manufacturers with canteens and other organisations where they provide food for immediate on premise consumption who should consider what is needed to become registered.
There is more detail on the organisations who can use the scheme and examples of who is in, and out, of the scheme here.
The discount is reimbursed to the establishment (the business) on making a claim. You’ll still need to pay VAT based on the full amount of your customers’ bills. Any money you receive through the scheme will be treated as taxable income.
To discuss this further, please contact your usual Monahans representative or contact your local office.