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Jeremy Hunt warns tax cuts 'unlikely' in spring Budget

27 January 2023 by

Chancellor Jeremy Hunt has said it is “unlikely” the government will have the “headroom” to make any significant tax cuts in the spring Budget.

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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 government cuts the tax.

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[...]

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[...]

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

Freezing hospitality VAT at 12.5% could create more than 250,000 jobs over the next ten years and help ‘level up’ parts of the UK, according to a new report.

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 by

Chancellor Rishi Sunak is due to deliver his combined Autumn Budget and Spending Review today at[...]

#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[...]

Wetherspoon says 12.5% VAT will mean 40p increase in meal price News

Wetherspoon says 12.5% VAT will mean 40p increase in meal price

07 July 2021

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 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.

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