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JD Wetherspoon to slash prices for a day to urge VAT reduction

04 September 2023 by

JD Wetherspoon is to cut the price of all food and drink in its pubs by 7.5% on 14 September to highlight the “vast disparity in tax treatment” between pubs and supermarkets.

News

Aktar Islam: ‘People are worried, everything is aligned against hospitality’

26 May 2023 by

Michelin-starred restaurateur Aktar Islam has called on chefs to speak out about the plight of the industry, saying ‘we can cry on each other’s shoulders but we’ll only see change if we’re open and honest’.

Treasury says tax-free tourist shopping 'does not directly benefit Brits' News

Treasury says tax-free tourist shopping 'does not directly benefit Brits'

18 May 2023 by
Hoteliers warn tourists are ‘bypassing’ UK due to lack of tax-free shopping News

Hoteliers warn tourists are ‘bypassing’ UK due to lack of tax-free shopping

28 April 2023 by
Government says ‘no plans’ to reduce hospitality VAT News

Government says ‘no plans’ to reduce hospitality VAT

04 April 2023 by
Jeremy Hunt warns tax cuts 'unlikely' in spring Budget News

Jeremy Hunt warns tax cuts 'unlikely' in spring Budget

27 January 2023 by

Hospitality industry warns more venues will close without a VAT cut News

Hospitality industry warns more venues will close without a VAT cut

08 August 2022 by

Hospitality operators hit by “horrendous” quarterly VAT bills have more warned venues will close unless the[...]

VAT cut helped Waterside Inn hit record pre-tax profit News

VAT cut helped Waterside Inn hit record pre-tax profit

19 July 2022 by

Strong demand and reduced VAT helped the Waterside Inn generate a record pre-tax profit of £1.6m[...]

Hospitality welcomes reports government 'is considering cutting VAT' News

Hospitality welcomes reports government 'is considering cutting VAT'

01 July 2022 by

Hospitality industry representatives have welcomed reports the government is considering cutting VAT in a bid to[...]

Calls to cut hospitality VAT as inflation hits new high News

Calls to cut hospitality VAT as inflation hits new high

18 May 2022 by

Hospitality and food industry leaders have called for a cut in VAT to help businesses survive[...]

News

Hospitality leaders' confidence levels rise, but cost pressures threaten recovery

Restaurant, pub and bar leaders are increasingly optimistic about prospects for 2022, CGA and Fourth’s Business Leaders’ Survey reveals."

05 April 2022 by
Hospitality venues warn of steep price rises to combat VAT increase News

Hospitality venues warn of steep price rises to combat VAT increase

23 March 2022
by

Hospitality businesses have warned they will be forced to dramatically raise prices to combat a return to 20% VAT next month.

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 hospitality businesses and failed to commit to the hoped-for VAT cut.

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[...]

VAT freeze could create over 250,000 hospitality and tourism jobs, study finds News

VAT freeze could create over 250,000 hospitality and tourism jobs, study finds

04 February 2022 by

Freezing hospitality VAT at 12.5% could create more than 250,000 jobs over the next ten years[...]

News

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

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."

10 December 2021 by
Autumn Budget 2021: What to expect for hospitality News

Autumn Budget 2021: What to expect for hospitality

26 October 2021
by

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 the 12.5% VAT rate permanent for hospitality and tourism to enable sector businesses to rebuild their balance sheets, avoid price increases and accelerate the[...]

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