VAT
Budget 2024: key points for hospitality at a glance
The hospitality industry has been left disappointed by this year’s Budget, which failed to deliver the hoped-for cut in VAT.
Gaucho introduces VAT-free lunch amid calls for VAT cut
Argentine steakhouse chain Gaucho has revealed plans to serve a VAT-free lunch every Friday in March, starting from this week (8 March).
Minister rows back on plans to reinstate tax-free shopping for tourists
Quarter of hospitality firms in 'perilous state' and running out of money
MPs back calls for hospitality VAT cut in parliamentary debate
Is this the final call for a VAT cut?
Sacha Lord calls on Labour to reinstate hospitality VAT cut
Sacha Lord, the night time economy adviser for Greater Manchester, has urged the Labour party to[...]
JD Wetherspoon to slash prices for a day to urge VAT reduction
JD Wetherspoon is to cut the price of all food and drink in its pubs by[...]
Aktar Islam: ‘People are worried, everything is aligned against hospitality’
Michelin-starred restaurateur Aktar Islam has called on chefs to speak out about the plight of the[...]
Treasury says tax-free tourist shopping 'does not directly benefit Brits'
The Treasury has played down speculation it could reintroduce tax-free shopping for overseas visitors after hospitality[...]
Hoteliers warn tourists are ‘bypassing’ UK due to lack of tax-free shopping
Hoteliers have urged the government to reinstate the offer of tax-free shopping to overseas visitors out of growing concerns that tourists are “bypassing” the UK."
Government says ‘no plans’ to reduce hospitality VAT
The government has responded to a petition calling for hospitality VAT to be cut to 10%, saying there are “no current plans” to reduce the sector’s VAT rate.
Jeremy Hunt warns tax cuts 'unlikely' in spring Budget
Chancellor Jeremy Hunt has said it is “unlikely” the government will have the “headroom” to make any significant tax cuts in the spring Budget.
Hospitality industry warns more venues will close without a VAT cut
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
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'
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
Hospitality and food industry leaders have called for a cut in VAT to help businesses survive[...]
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."
Hospitality venues warn of steep price rises to combat VAT increase
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
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.
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