September 4th 2020 10:08 am

Written by Mark Powley

home :: tax news :: general

Eat Out To Help Out Serves 100 Million Meals

Full stats reveal extent of the Chancellor's headline hospitality job protection scheme.

We previously wrote about how 64 million meals were claimed in the statistics for the first three weeks of Eat Out To Help Out.

Now that the scheme has come to an end, full statistics for the month of August can be revealed.

Eat Out To Help Out ran from August 3rd to August 31st 2020. It was available on Mondays, Tuesdays and Wednesdays only and provided diners eating in at participating food establishments with a 50 percent discount off their individual bills. The discount was limited to a max of £10 off but could in theory be used multiple times during the day.

Latest figures published today show 100 million meals in total were claimed by midnight August 31st. This is an increase of 36 million meals on the last data release, which was for the first three weeks.

Highlights include:

We say costs and claims so far as participating businesses have another 4 weeks (until the end of September) to make their claims for the discounts they have provided. You can use our Eat Out To Help Out Calculator to help with the figures!

The scheme was budgeted to cost around £500 million when it was announced in the July Summer Statement.

The intended plan for the scheme was to help the worst hit sector from the pandemic restrictions - hospitality. The Chancellor has stated the scheme was a success with bookings at restaurants up 53 percent on the discounts days compared to 2019.

Additionally some early signs of consumer confidence could be inferred from a 2 percent increase in restaurant bookings on September 1st (compared to 2019).

There is still the £4 billion VAT cut on hospitality businesses to save consumers money until January 12th 2021. A cut to 5% VAT providing a saving of £1.25 for every £10 spent normally.

See more articles from September 2020

Keywords:

Topics
Election - 25 available Personal Tax - 263 available Uk Budget - 81 available Welfare - 6 available Autumn Statement - 23 available Fraud - 13 available Business Tax - 31 available General - 61 available Expenses - 8 available Spring Statement - 7 available Tax Return - 38 available Self Employed - 21 available Limited Company - 4 available Benefits - 1 available Company Cars - 2 available
Browse Archives:
May 2024 - 1 available April 2024 - 2 available March 2024 - 6 available February 2024 - 2 available January 2024 - 4 available December 2023 - 3 available November 2023 - 4 available October 2023 - 4 available September 2023 - 2 available August 2023 - 2 available July 2023 - 2 available June 2023 - 4 available May 2023 - 5 available April 2023 - 2 available March 2023 - 6 available February 2023 - 4 available January 2023 - 7 available December 2022 - 6 available November 2022 - 4 available October 2022 - 5 available September 2022 - 9 available August 2022 - 3 available July 2022 - 3 available June 2022 - 3 available May 2022 - 4 available April 2022 - 3 available March 2022 - 3 available February 2022 - 4 available January 2022 - 4 available December 2021 - 4 available November 2021 - 3 available October 2021 - 3 available September 2021 - 3 available August 2021 - 3 available July 2021 - 6 available June 2021 - 2 available May 2021 - 4 available April 2021 - 3 available March 2021 - 5 available February 2021 - 3 available January 2021 - 9 available December 2020 - 5 available November 2020 - 5 available October 2020 - 5 available September 2020 - 8 available August 2020 - 5 available July 2020 - 13 available June 2020 - 3 available May 2020 - 7 available April 2020 - 5 available March 2020 - 10 available February 2020 - 10 available January 2020 - 6 available December 2019 - 6 available November 2019 - 7 available October 2019 - 5 available September 2019 - 6 available August 2019 - 9 available July 2019 - 6 available June 2019 - 4 available May 2019 - 4 available April 2019 - 4 available March 2019 - 9 available February 2019 - 4 available January 2019 - 6 available December 2018 - 3 available November 2018 - 5 available October 2018 - 7 available September 2018 - 9 available August 2018 - 3 available July 2018 - 4 available June 2018 - 5 available May 2018 - 6 available April 2018 - 4 available March 2018 - 6 available February 2018 - 6 available January 2018 - 2 available December 2017 - 5 available November 2017 - 8 available October 2017 - 5 available September 2017 - 4 available August 2017 - 3 available July 2017 - 5 available June 2017 - 2 available May 2017 - 5 available April 2017 - 4 available March 2017 - 6 available February 2017 - 3 available January 2017 - 4 available December 2016 - 3 available November 2016 - 4 available October 2016 - 3 available September 2016 - 2 available August 2016 - 6 available July 2016 - 4 available June 2016 - 2 available May 2016 - 2 available April 2016 - 2 available March 2016 - 3 available February 2016 - 2 available January 2016 - 5 available December 2015 - 3 available November 2015 - 4 available October 2015 - 3 available September 2015 - 2 available August 2015 - 2 available July 2015 - 5 available June 2015 - 3 available May 2015 - 1 available April 2015 - 2 available March 2015 - 6 available February 2015 - 3 available January 2015 - 3 available December 2014 - 4 available November 2014 - 2 available October 2014 - 5 available September 2014 - 1 available August 2014 - 2 available July 2014 - 2 available June 2014 - 3 available May 2014 - 2 available April 2014 - 5 available March 2014 - 4 available February 2014 - 2 available January 2014 - 5 available December 2013 - 3 available November 2013 - 3 available October 2013 - 4 available September 2013 - 5 available August 2013 - 7 available June 2013 - 1 available April 2013 - 3 available March 2013 - 6 available February 2013 - 5 available January 2013 - 4 available December 2012 - 1 available March 2012 - 3 available January 2012 - 2 available

© 2008 - 2024 UKTaxCalculators.co.uk