VAT
MPs' inquiry recommends hospitality VAT remains at 12.5%
An inquiry by a group of MPs has recommended that VAT for the hospitality and tourism sectors remains at 12.5% beyond March.
UKHospitality launches campaign to stop the government from changing the VAT rate
Kate Nicholls, chief executive of UKHospitality, speaks to Emma Lake about the trade body’s campaign to rethink the coming changes to VAT
Over 250 hospitality leaders write to chancellor urging VAT freeze
VAT freeze could create over 250,000 hospitality and tourism jobs, study finds
Sacha Lord launches Axe the Red Wall Tax campaign to reverse VAT rise
Autumn Budget 2021: What to expect for hospitality
#VATsEnough campaign calls for chancellor to lock in lower VAT rate for hospitality
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%
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%
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
The owner of the Fazenda restaurant chain is using savings from the cut in hospitality VAT[...]
Wetherspoon says 12.5% VAT will mean 40p increase in meal price
JD Wetherspoon has said the interim increase in VAT later this year will mean it will have to increase its food prices by around 40p per meal."
Six things to look out for in Rishi Sunak’s Budget today for hospitality
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
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.
Jason Atherton and Chantelle Nicholson back campaign calling on chancellor to save hospitality
Calls are mounting for the chancellor to support hospitality in his Budget next week, including a[...]
Operators optimistic about sector’s long-term future – but urgent support needed for survival
Hospitality leaders are optimistic about the long-term future of the sector and its role in the[...]
Gordon Ramsay says restaurant industry 'should be less of a masculine world' in conversation with chancellor
Gordon Ramsay has said the restaurant industry "should be less of a masculine world" in conversation[...]
More than 160 hospitality CEOs call on chancellor to extend VAT and rates relief
More than 160 hospitality chief executives have written to chancellor Rishi Sunak ahead of next month’s[...]
Deliveroo and 300 restaurant brands call for second Eat Out to Help Out when restaurants can reopen
Deliveroo's founder Will Shu, alongside 300 restaurant brands including Itsu and Pizza Hut, has called on the government for further support."
New GDP figures 'highlight damage to UK’s hospitality sector'
Data published by the Office for National Statistics reiterate the economic importance of the UK’s hospitality sector, says UKHospitality.
VAT petition surpasses 10,000 signatures
A petition to extend the VAT cut for the hospitality industry until at least March 2022 has surpassed 10,000 signatures, meaning the government must respond to it.
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