A lower rate of VAT for hospitality is needed in order to keep prices down, create jobs and support hard-working hospitality venues.
"When the hospitality sector does well, the economy does well", says CEO @UKHospKate.
Watch the full @BBCBreakfast clip👇
Top political analytics are now predicting a General Election on the 14th November.
Another 10 months of this and Hospitality will be decimated.
I urge MPs from all sides, to rise above politics and do the right thing.
VAT reduction or decimation.
@Argos_Online So you can't cancel a delivery to an incorrect address until the day of delivery but you delivered it yesterday???? How does that work @Argos_Online
We're now loosing 50+ pubs a month.
Meanwhile, gas is half the price it was in Oct 21.
5 x cheaper than March 22.
7 x cheaper than Aug 22.
The Energy firms are ripping the heart out of our High Streets.
@ofgem CEO/Board should resign or be sacked.
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UK Hospitality urgently needs to be brought in line with the rest of Europe.
We pay 20% VAT.
Belgium 6%
Holland 9%
France 10%
Sweden 10%
Spain 12%
Greece 13%
It would save businesses, jobs and attract investment.
🟥Supermarkets don't have to pay VAT on food and drink, but your local does.🟥
Within a decade, a 12.5% hospitality VAT rate would:
♦️ Create 286,850 jobs
♦️ Earn businesses £7.7 billion
♦️ Supply @hmtreasury an extra £4.6 billion
Seems like a no-brainer @Jeremy_Hunt...
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