VAT

Spring Statement: ‘missed opportunity’ to help hospitality businesses News

Spring Statement: ‘missed opportunity’ to help hospitality businesses

23 March 2022 by

Chancellor Rishi Sunak’s Spring Statement this afternoon has been described as a "missed opportunity" to help[...]

MPs' inquiry recommends hospitality VAT remains at 12.5% News

MPs' inquiry recommends hospitality VAT remains at 12.5%

17 March 2022 by

An inquiry by a group of MPs has recommended that VAT for the hospitality and tourism[...]

UKHospitality launches campaign to stop the government from changing the VAT rate Business

UKHospitality launches campaign to stop the government from changing the VAT rate

23 February 2022 by

Kate Nicholls, chief executive of UKHospitality, speaks to Emma Lake about the trade body’s campaign to[...]

Over 250 hospitality leaders write to chancellor urging VAT freeze News

Over 250 hospitality leaders write to chancellor urging VAT freeze

08 February 2022 by

More than 250 hospitality and leisure business leaders have written to the chancellor urging the government[...]

Sacha Lord launches Axe the Red Wall Tax campaign to reverse VAT rise News

Sacha Lord launches Axe the Red Wall Tax campaign to reverse VAT rise

10 December 2021

Sacha Lord has launched a campaign to reverse the hospitality VAT increase in light of the move to Plan B restrictions and the slew of cancellations suffered by pubs, restaurants and hotels.

Autumn Budget 2021: What to expect for hospitality News

Autumn Budget 2021: What to expect for hospitality

26 October 2021

Chancellor Rishi Sunak is due to deliver his combined Autumn Budget and Spending Review today at 12.30pm – here is what to look out for that will be relevant to the hospitality sector.

#VATsEnough campaign calls for chancellor to lock in lower VAT rate for hospitality News

#VATsEnough campaign calls for chancellor to lock in lower VAT rate for hospitality

07 October 2021 by

A major new campaign – #VATsEnough – is calling on the chancellor Rishi Sunak to make[...]

Hospitality VAT: businesses warn of closures and price rises if tax returns to 20% News

Hospitality VAT: businesses warn of closures and price rises if tax returns to 20%

01 October 2021 by

Business owners and trade bodies have called for a permanent freeze in the level of hospitality[...]

Rising food prices drive inflation rate up to 3.2% News

Rising food prices drive inflation rate up to 3.2%

15 September 2021 by

Rising food prices have bumped the annual rate up by 3.2%, following the largest monthly increase[...]

Fazenda to give restaurant staff 10% pay bonus using VAT savings News

Fazenda to give restaurant staff 10% pay bonus using VAT savings

07 July 2021 by

The owner of the Fazenda restaurant chain is using savings from the cut in hospitality VAT[...]

Six things to look out for in Rishi Sunak’s Budget today for hospitality News

Six things to look out for in Rishi Sunak’s Budget today for hospitality

03 March 2021

Chancellor Rishi Sunak is to confirm today what measures he will put in place to protect the UK economy and hospitality businesses.

Calls for hospitality Budget support backed by more than 80 MPs News

Calls for hospitality Budget support backed by more than 80 MPs

01 March 2021

More than 80 cross-party MPs are urging the chancellor to provide decisive financial support to protect the hospitality sector and for the VAT cut, business rates holiday and furlough scheme to be extended.

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