Tax

What's in the news 2 February?

'I'm flabbergasted at interest rates'

By Ed Bedington

The MA's Ed Bedington caught up with Camerons boss Chris Soley to get his take on the week's news, from government debate to interest rates and pub closures.

What's in the news 5 January?

Review of the Week

'We need to go to war on VAT'

By Ed Bedington

The MA's Ed Bedington met up with Oakman Group's Peter Borg-Neal to get his take on the week's news, from a knighthood for Sir Tim through to closures and Christmas trade.

The Morning Advertiser Lock In podcast episode 47

The Lock In Podcast

Will pubs get the support they need?

By Ed Bedington

The podcast team returns for season three of the award-winning (James's mum gave us a rosette) Lock In podcast and we get to grips with the challenges facing the sector.

Tax equality: JDW chair Tim Martin said if pubs were to survive and thrive in the future, the sector needs to be treated fairly

JDW boss reiterates calls for tax equality

By Nikkie Thatcher

JD Wetherspoon (JDW) chairman Tim Martin has repeated his calls for pubs to have tax equality with supermarkets in order to “survive and thrive in the future”.

What's in the news 1 July

The MA's Review of the Week

'Tax relief can help hospitality businesses to reinvest'

By Ed Bedington

Owner of the Veeno wine bar business, Rodrigue Trouillet shared his thoughts on the weeks news with the MA's Ed Bedington, from tax relief to the ongoing recruitment challenges.

Make-or-break moment: Government must give sector due consideration with proposed online tax (Credit: Getty/DragonImages)

UKH and BBPA call for online sales tax

By Rebecca Weller

UKHospitality (UKH) and the British Beer & Pub Association (BBPA) have shown support for the Government’s proposed online sales tax but warned the sector must be given due consideration to level the playing field and avoid double-taxation.

Operator reaction: 'a 5% reduction in duty is not even a drop in the ocean but it is good news,' says licensee of the Plough and Barleycorn in the Isle of Wight, Gav Young

opinion

'Pubs are now the sickly child of the high street'

By Gav Young, the Plough and Barleycorn, Isle of Wight

So the red tops are awash with pictures of Boris and Rishi holding pints aloft as they declare not only a duty freeze but a 3p reduction, of course there is much small print including the cut not coming into force until 2023 or, indeed, on kegs under...

Operator comment: 'We have a new Government slogan of ‘levelling up’ and this should be the on-trade's rallying cry', says Gav Young (image: Getty/stocknshares)

Opinion

'A duty cut would do nothing to help pubs'

By Gav Young, the Plough and Barleycorn, Isle of Wight

It is no coincidence the biggest voices in the ‘cut the duty’ campaign are the big brewers. With duty at around 52p per pint it is a massive proportion of the value of a pint at the brewery gate, far more so than it is of a pint on the bar in the pub....

Tax change: the temporary reduced VAT rate of 5% will rise to 12.5% from 1 October (image: Getty/Jonathan Knowles)

Price of a pint could rise by 25p predicts Sacha Lord

By Nikkie Thatcher

Night-time economy adviser and operator Sacha Lord estimated prices of drinks will go up by between 7% and 10% with the average price of a pint set to rise by 25p, in line with the 7.5% VAT increase to cover the overall losses felt by operators.

What's in the news 10 September

NI hike 'a kick in the teeth'

By Ed Bedington

The Morning Advertiser spoke to multiple pub boss Dianne Irving of Drouth Ltd on the headlines of the week.

Down the drain: many brewers have been forced to throw beer away during the coronavirus pandemic, with pubs being closed for a large proportion of the past year and a half

SBR changes leaves small brewers in limbo

By Nikkie Thatcher

Small independent brewers in the UK have been left in limbo, a year on from the Treasury’s changes to Small Breweries’ Relief (SBR), one trade body has warned.

Food cost: the increase in the rate of VAT in September will see JD Wetherspoon push its meal prices up (image: Getty/Andrew Brookes)

JDW to increase food prices by 40p per meal

By Nikkie Thatcher

Pub behemoth JD Wetherspoon will be increasing the price of its food by 40p per meal when the VAT rate increases to 12.5% later this year, it announced in a trading update.

The Morning Advertiser Lock In podcast episode 16

The Lock In Podcast

The Lock In Podcast: Budget - bonus or bust?

By Ed Bedington

The budget has been revealed, some would say before the budget was revealed, and the podcast team give their reaction to the Chancellor's hand outs and what it means for their businesses and wider hospitality. We also get some more considered analysis...

Online tax: UKHospitality and the BBPA welcomed the Chancellor’s Budget announcement of a digital tax

AUTUMN BUDGET 2018

Digital tax welcome news to industry

By Emily Hawkins

Industry chiefs have welcomed the Chancellor’s announcement of a new digital tax on UK revenues of large technology companies.

High street 'bloodbath': a worst-case scenario predicts the loss of up to 625,000 jobs if business tax isn't sorted

Budget puts 625,000 hospitality jobs at risk

By Nicholas Robinson

More than half-a-million hospitality jobs will be at risk if the Government doesn’t take urgent action on business taxation, UKHospitality has cautioned.

Plastic policy: a Treasury consultation found strong public support to reduce wasteful plastics

Government moves forward with plastic tax

By Emily Hawkins

The Government will move forward with suggestions to use taxes to reduce wasteful single-use plastics, after a Treasury consultation found strong public support.

Digital businesses: There has been trade support for a Government suggestion that firms like Amazon could face a new tax

Support for tax on digital businesses

By Emily Hawkins

Trade organisation UKHospitality has said it hopes the Government will follow through on its suggestion that it might introduce a tax on digital businesses.

On the up: JDW chair Tim Martin hailed the rise in sales

JDW tax drop provides significant sales boost

By Nikkie Sutton

Pub giant JD Wetherspoon (JDW) saw like-for-like volume sales rise by 17% on Tax Equality Day, a day when the pubco dropped its prices by 7.5% to highlight the benefit of a VAT reduction in the trade.

Sugar tax 'won’t solve UK obesity crisis', new campaign urges

Sugar tax 'won’t solve UK obesity crisis'

By Daniel Woolfson

A coalition representing thousands of small businesses has called on the Government with a new campaign to ditch former Chancellor George Osborne’s tax on soft drinks.