UKHospitality has told a Government select committee that keeping VAT at 12.5% is vital to the sector, describing it as the only industry in a position to deliver post-pandemic jobs, growth and investment at speed.
A group of UK publicans and brewers have written an open letter to Chancellor Rishi Sunak calling for a levelling up of the high tax rates that are burdening businesses.
Restaurants and takeaways are being urged to make their taxes digital before the legal deadline as part of a initiative by the British Takeaway Campaign (BTC).
Boris Johnson has signalled he is reluctant to introduce a Sugar and Salt Reformulation Tax, as recommended by Henry Dimbleby in his newly published National Food Strategy (NFS) report.
Henry Dimbleby has called for the introduction of a Sugar and Salt Reformulation Tax to help the country break free from what he describes as a vicious ‘Junk Food Cycle’.
Campaign group Wine Drinkers UK (WDUK) has submitted an open letter to the Chancellor urging him to help the wine sector and hospitality businesses it supports by cutting taxes.
A hospitality specialist has commended the Chancellor’s U-turn on National Insurance contributions for self-employed people, but warned industry workers to watch out for replacement taxes or cuts.
The Association of Licensed Multiple Retailers (ALMR) and the British Beer & Pub Association (BBPA) have joined forces to campaign for a reduction in VAT in the hospitality industry.
JD Wetherspoon has announced it has pulled out of the VAT Club Jacques Borel, according to BigHospitality's sister publication M&C Allegra Foodservice.
The Government must cut tourism VAT and give the hospitality sector greater support, according to a report published today (26 March) by Parliament’s Culture, Media and Sport Select Committee.
A 2 per cent alcohol duty cut could boost public finances by £1.5bn in 2015, according to an Ernst & Young report launched alongside the Wine and Spirit Trade Association’s (WSTA) ‘Drop the Duty’ campaign.
Participants to Wednesday’s (24 September) Tax Equality Day reported sales increases of 10 to 20 per cent for the day, supporting their argument for VAT cut from 20 to 5 per cent.
Over 15,000 pubs and restaurants across the UK cut their prices by at least 7.5 per cent on 24 September to show the positive impact reducing VAT to 5 per cent would have on the hospitality sector.
Pubs across the UK can breathe a big sigh of relief today as Chancellor George Osborne has once again scrapped the punitive escalator for all alcohol duties and cut another penny off the price of a pint of beer in his 2014 Budget announcement.
Campaigners are once again asking restaurants and pubs to slash prices on food and drink for a day in September to highlight the benefits of a VAT cut.
The Chancellor George Osborne will today present 'a Budget for a resilient economy'. But with further calls for another beer duty cut and a reduction in VAT, hospitality professionals will undoubtedly be among those watching most closely.
Managed pub and bar operator TCG and North Yorkshire brewer Blacksheep are the latest hospitality businesses to pledge their support for Tax Parity Day, taking place next Wednesday (25 September).
National pub operator JD Wetherspoon has reported a record year of sales and profits, with like-for-likes rising by 5.8 per cent and pre-tax profits up 6.3 per cent to £76.9m.
Hotels across the UK are missing out on millions of pounds in unclaimed capital allowances, but those wishing to unlock the tax relief need to act fast.
Prime Minister David Cameron has once again shunned the argument to reduce VAT for the hospitality and tourism sectors, claiming that bringing the taxes down to pre-recession levels ‘would be expensive’ for the UK economy.
The Government is refusing to budge on its decision not to reduce VAT for the tourism and hospitality sectors despite numerous calls from across the industry and from some MPs to do so.
Just weeks after planning ‘Tax Parity Day’ for the hospitality industry, Jacques Borel’s VAT Club has written to every pub in the country, calling for their support in its on-going efforts to reduce VAT to 5 per cent.
UK hospitality businesses are charged 20 per cent VAT on all sales, whereas the supermarkets pay virtually no VAT on food sales. Is this far? The VAT Club JB, headed up by veteran campaigner Jacques Borel, certainly doesn’t think so and is launching a...
Jonathan Neame, chief executive of brewer and pubco Shepherd Neame, has revealed the cut in beer duty has given him the confidence to accelerate investment in his company's expanding pub estate.
Today, once again, the Chancellor will present a Budget which will be closely watched for signs of improvement in the economy or help for businesses, but with rumours swirling about the future of the beer duty escalator, hospitality industry professionals...
Pubs across the UK can breathe a sigh of relief today as Chancellor George Osborne has cut a penny off the price of a pint of beer and scrapped the punitive Duty Escalator in his 2013 Budget announcement.
Pub giant JD Wetherspoon posted a ‘reasonable’ set of results for the half-year ending 27 January 2013, with the burden of what the Group calls ‘stealth taxes’ contributing to a drop of 2.7 per cent in its pre- tax profit to £34.8m.
Pub giant JD Wetherspoon has unveiled plans to open 30 new pubs in 2013, creating 1,200 jobs and taking the firm’s estate to just under 900 venues across the UK.
Businesses, the main beneficiaries of the small amount of good news delivered in the Chancellor's Autumn Statement yesterday, have begun giving their reaction, welcoming tax cuts and increased spending but calling on more to be done for the hospitality...
“The British economy is healing,” proclaimed George Osborne in his Autumn Statement earlier today as the Chancellor made a number of big pledges in a bid to help businesses, despite the nation facing a longer-than-expected battle to reduce its debts.
Pub operator J D Wetherspoon has become the latest hospitality business to warn of the possible sales growth 'hangover' following a summer of sport, the Olympics and headline events.
The heavy rain over the last three months coupled with the Chancellor's March tax hike are being blamed for a 4.6 per cent drop in beer sales in pubs during the second quarter of 2012.
Peel Hotels has reported a drop in revenues from its nine hotels resulting in a significant fall in profits of 54 per cent which the London-based company has attributed to the VAT rise and the economic climate.
National pub group JD Wetherspoon has announced that it is to reduce the number of new pub openings in the next financial year as it grapples with a £50m increase in its annual tax bill.
Members of the restaurant industry have expressed their disappointment at the Chancellor's lack of help for the sector in today's Budget, saying his claim that he will 'unashamedly back business' means nothing if he doesn't cut...
The Chancellor George Osborne's decision to refuse to budge on the controversial beer duty escalator in the Budget has been widely criticised by the pub and bar sector as a missed opportunity to reverse a policy that continues to lead to job losses...
JD Wetherspoon has revealed a rise in like-for-like sales of 2.1 per cent in the 26 weeks to 22 January 2012 but announced it is scaling back its planned pub openings for the financial year and remains cautious about future performance.
JD Wetherspoon expects a continued decline in its operating margin this year due to continuing cost pressures resulting from government legislation and VAT rates.
Two restaurateurs from Edinburgh have been detained by HM Revenue & Customs (HMRC) on suspicion of failing to pay tax, as part of the on-going taskforce operation targeting restaurants across Scotland.
