Vat

Keeping VAT at 12.5% is vital, UKHospitality chief executive Kate Nicholls tells Government

Keeping VAT at 12.5% is vital, UKHospitality tells Government

By James McAllister

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.

Autumn Budget: five things to look out for that will impact hospitality sector business rates National Living Wage VAT

Autumn Budget: five things to look out for

By James McAllister

Ahead of today’s (27 October) Autumn Budget, here are five things to look out for that will have a significant impact on hospitality as it recovers from the pandemic.

When does VAT change in restaurant and pubs?

Trade bodies unite to call for VAT to stay at 12.5%

By Joe Lutrario

Trade associations representing the UK’s hospitality and tourism sectors have joined forces to call on the Chancellor Rishi Sunak to introduce a permanent lower rate of VAT to accelerate the UK’s economic recovery.

D&D's Des Gunewardena:

D&D's Des Gunewardena: "Covid has cost our business £2.5m a month'

By BigHospitality

D&D London chairman and CEO Des Gunewardena has written to the Chancellor ahead of today’s (11 January) parliamentary debate on support for the hospitality sector asking the Government to properly compensate businesses forced to closed by the Coronavirus.

Friday Five: The week's top news stories

Friday Five: The week's top news stories

By BigHospitality

The topic of no shows in restaurants stole the headlines this week with already struggling businesses hitting out at customers for failing to honour their reservations. And here are some of the other main stories of the week
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Wetherspoon Chancellor VAT cut real ale beer poster misleading CAMRA

pub & bar

Wetherspoon poster on cheaper beer branded misleading by CAMRA

By BigHospitality

The Campaign for Real Ale (CAMRA) and Society for Independent Brewers (SIBA) have attacked a promotional poster from JD Wetherspoon advertising lower prices for alcoholic drinks following Chancellor Rishi Sunak’s announcement of a VAT reduction last week.

Friday Five: The week's top news stories

Friday Five: The week's top news stories

By BigHospitality

The Government's announcement of a cut in vat to 5% for hospitality was the leading story this week - here are some of the other stories that stole the headlines.

£500 hospitality vouchers for restaurants and pubs

Treasury considers stimulus vouchers

By Joe Lutrario

The treasury is considering a proposal to give all adults £500 and children £250 in vouchers to spend in the sectors of the economy worst hit by the Covid-19 pandemic.

This morning's debate was the first Parliamentary debate on tourism and hospitality VAT

Treasury rejects VAT cut despite cross-party support

By Carina Perkins

Treasury minister David Gauke has rejected a call for tourism VAT to be cut to 5 per cent, despite 28 MPs from all parties gathering to support the measure during today’s Commons debate. 

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